Related: Popular Elon Musk rival accused of fraud in damning short report. The most important takeaway from Hazletree’s data, “aggregated and anonymized from approximately 700

Kimbal Musk, the brother of Tesla CEO Elon Musk, has been offloading shares of Tesla in recent months just as the stock has made a massive retreat from all-time highs. The electric vehicle maker, however briefly, had been among the select group of trillion-dollar companies following the stock’s post-U.S. presidential election surge.

Elon Musk 's net worth has dropped by more than $144 billion since December, according to a report.

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Tesla is Musk’s biggest source of income — his stake was valued at $195 billion in 2024, per Forbes. Shares for the automotive company surged following the 2024 election, which pushed Musk’s net worth over the $400 billion mark.

Elon Musk Thinks Tesla Will Become the World's Most Valuable Company. I Predict Its Stock Will Decline by 50% (or More) Instead.

The automaker’s shares soared after Election Day as Elon Musk took a high-profile role as a Trump adviser. Now those gains have evaporated.

Tesla’s stock has dropped by nearly half in three months. Even so, investors are still debating whether Elon Musk's electric-vehicle maker remains overpriced.

Tesla (TSLA) has lost about half of its market value, or $800 billion, due to the recently market selloff and its own struggling business. But its CEO Elon Musk remains the world’s wealthiest person,