Tesla shares, which have lost more than 47% of their value since Musk made his offer to buy Twitter this year, fell 2.7%.
Tesla has lost nearly half of its market value, and Musk’s net worth has fallen by about $70 billion since he made his bid to buy Twitter in April. Musk sealed the Twitter deal in October, with $13 billion in loans and $33.5 billion in stock commitments.
In addition to Tesla, Musk also heads the rocket company SpaceX and Neuralink, a startup developing ultrawideband interfaces to connect the human brain to a computer.
Source: عربي21 by arabi21.com.
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