The billionaire He has seen his fortune shrink at $ 52 billion since the beginning of 2025, mainly impacted by the strong devaluation of Tesla’s actions, responsible for more than half of the entrepreneur’s assets.
The electric car automaker faces a difficult phase. Its shares accumulate a 26% devaluation in the last month, with a drop of 8% on Tuesday (25), and 4% on Wednesday (26). The company has lost the $ 1 trillion marketing mark for the first time since November 2024.
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The drop in automaker actions is linked to factors such as reducing demand for electric vehicles in the United States, increasing competition in China and poor performance in Europe.
The most recent thud came precisely from the European continent, which is experiencing a growing movement of boycott of Tesla since, during the inauguration of Donald Trump in January.
Last month, Tesla sales on the continent fell 45%, according to the European Association of Automobile Manufacturers. The negative scenario was reinforced by the result of sales in Germany and France, which reached minor levels since 2021 and 2022, respectively.
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In addition to ideological and geopolitical issues, analysts claim that it also weighs on musk the concern among investors that he would be dedicated too long to the Trump administration by accumulating the function of Tesla, Spacex and X CEO, and heads the Department of Government Efficiency (Doge), which conducts courts of federal spending and administrative reforms.
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The market has also reacted with skepticism to the new tariffs imposed by Trump on imports from Canada, Mexico and China. On Tuesday, when the government confirmed the new taxes, Tesla shares retreated 8.4%, leading to one of the biggest daily losses in Musk’s fortune: a drop of $ 22.2 billion.
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Fall of fortune will continue?
If it depends on Tesla’s performance, Musk’s fortune should not have major problems to recover in the future. Despite turbulence, analysts believe the automaker can overcome this negative phase.
Bloomberg Intelligence’s global director of automotive market research, Steve Man, stressed that the company still leads technological advances in the sector and maintains a faithful customer base.
Already a report from Wedbush pointed out that the main concern of investors is the time that Musk is dedicating to the Trump government, which can ward off consumers and affect the Tesla brand.
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Despite the fall in 2025, Musk remains the richest person in the world, with an estimated equity of $ 380 billion, according to Bloomberg Billionaires Index. The amount still leaves him right in front of his second place, Mark Zuckerberg, CEO of the goal, whose fortune is $ 144 billion below Musk’s.
(With information from CNN, Bloomberg and Fortune)
