Elon Musk Net Worth: Elon Musk, the CEO of Tesla Inc., has seen his net worth fall below $300 billion for the first time since November. On Monday, April 8, 2025, Musk lost around $4.4 billion as Tesla’s shares continued to decline. According to the Bloomberg Billionaires Index his total wealth now stands at $297.8 billion.
This comes after a rough previous week where Musk lost $31 billion over Thursday and Friday. Altogether, his fortune has shrunk by $134.7 billion in 2025 so far. On Monday, Musk was the sixth-biggest loser among the world’s top 500 richest people. In total, the index saw a massive drop of $271 billion, making it the third-worst day ever.
Tesla has also been facing protests and vandalism both in the U.S. and internationally, partly because of Musk’s political views and social media behavior. This negative attention has led some customers to distance themselves from Tesla and look for other electric vehicle brands.
Tesla’s stock price has fallen more than 50% since its peak in mid-December. Over the weekend, Musk shared on social media that he hopes for a “zero-tariff” system between the U.S. and Europe, promoting a free-trade zone. Meanwhile, his brother Kimbal Musk, who is also a board member at Tesla, criticized the current tariffs, calling them a “permanent tax” on American consumers.
He added that even if the goal is to bring jobs back to the U.S., prices will remain high due to inefficiencies in domestic production.
Elon Musk’s recent financial setback has how global politics and economic policies can significantly affect even the richest people in the world.
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