Elon Musk Is The Biggest Loser From Trump’s Tariffs So Far

"Tesla stock declined 5%, the largest percentage loss of the 46 American public companies valued at $200 billion or more."

"The dip knocked $11.8 billion off of the net worth of Musk, according to Forbes’ real-time billionaires list, by far the biggest loss of any billionaire; Musk is Tesla’s largest individual shareholder with a 13% stake and a further 9% equity bonus awaiting appeal."

"Tesla shares tanked as much as 7.5% in the morning, touching their lowest intraday level since Jan. 2."

https://www.forbes.com/sites/dereksaul/2025/02/03/elon-musk-is-the-biggest-loser-from-trumps-tariffs-so-far/
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