Tesla’s stock fell 15%, ‘X’ is also in bad shape… Elon Musk said- ‘I am in big trouble’

New Delhi: The wealth of the world’s richest man Elon Musk has been continuously declining for the past few days. At the same time, he has suffered a huge loss in the last 24 hours. In fact, due to a big fall in Tesla shares, his net worth decreased by more than Rs 2.5 lakh crore. On the other hand, his company Twitter (now X) crashed not once but 3 times on Monday. Amidst the continuous problems, Elon Musk said that he is facing a big problem.

Tesla’s stock fell more than 15%
On the last trading day, there was a huge fall in the US stock market and meanwhile the stock of Elon Musk’s electric car company Tesla also crashed. It slipped 15.43% to $ 222.15. Let us tell you that in the last month of December of last year, Tesla’s stock touched its all-time high level of $ 488.54 per share with a stormy rise. Since then, Tesla’s share price has fallen by 53%. Due to the huge fall in Tesla’s shares, the Nasdaq Index also crashed and slipped by 4 percent. If we look at the market cap of Elon Musk’s company, it has fallen by $ 130 billion.

Net worth reduced by 2.5 lakh crores in 24 hours
The effect of Tesla’s share crash has also been seen on Elon Musk’s net worth. In the last 24 hours, Elon Musk’s net worth has decreased by $ 29 billion (more than Rs 2.5 lakh crores) and it has come down to $ 301 billion. So far this year, Musk’s wealth has fallen by $ 132 billion. The special thing is that the amount that Elon Musk has lost in about 2 months is more than the total wealth of many billionaires included in the list of the world’s top billionaires.

Musk said- ‘Managing with great difficulty’
Let us tell you that with Donald Trump becoming the US President, Elon Musk has also been given a big responsibility. In fact, as soon as Trump took office, he formed the Department of Government Efficiency and handed over the responsibility of managing it to Elon Musk. Now Musk has given a big statement and told about his troubles. During a conversation with Fox Business host Larry Kudlow, on being asked about the pressure of all these responsibilities, he said, ‘All this is being managed with great difficulty.’

X platform also down repeatedly
Not only Tesla’s share falling, net worth declining, everything is not going well in Elon Musk’s microblogging company Twitter (now X) as well. On Monday, the X platform crashed three times in just one day, which created a stir in the world. Users were not even able to log in to their accounts. Its server has gone down many times before, but this is the first case of crashing 3 times in a single day.

There was a flood of complaints about it on social media. According to reports, Elon Musk has claimed that X was down due to a cyber attack that started from Ukraine, which resulted in disruption of its services. During his conversation with Kudlow, Musk said, ‘We don’t know exactly what happened, but there was a major cyber attack to bring down the X system with an IP address originating from the Ukraine region.’