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Elon Musk Loses $29 Billion as Tesla Stock Plummets
On Monday, Elon Musk's net worth plummeted by a staggering $29 billion, primarily attributed to a significant drop in Tesla's stock price. This drastic decline has raised concerns among investors regarding Musk's focus and leadership amidst growing scrutiny of the electric vehicle market. As Tesla's shares fell sharply, questions arose about the company's future performance and its impact on Musk's wealth, ultimately shifting the narrative around one of the world's wealthiest individuals. With Tesla being a key player in the automotive industry, analysts are closely monitoring how these developments will affect both the company and Musk's fortune in the coming weeks.
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