Tesla Shares Plummet, Elon Musk’s Fortune Dips $17 Billion After Q2 Warning
Tesla Shares Plummet, Elon Musk’s Fortune Dips $17 Billion After Q2 Warning Shares of electric vehicle giant Tesla experienced a significant plunge on Thursday, leading to an estimated $17 billion reduction in Elon Musk’s net worth. The sharp decline followed the company’s second-quarter report on Wednesday, which revealed the largest quarterly revenue drop in over a decade and a nearly $600 million loss in automotive regulatory credits. During the earnings call, Musk cautioned investors that Tesla could face “a few…