Elon Musk net worth dropped $200 billion Twitter boss sells $4 billion shares investors dump Tesla

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Image Source : AP Twitter CEO Elon Musk

Highlights

  • Musk’s net worth dropped below $200 billion as investors dumped Tesla Inc
  • Investors dumped Tesla as they feel Musk is too much occupied with Twitter
  • Musk has also sold nearly $4 worth of his shares in Tesla

Twitter CEO Elon Musk’s net worth dropped below $200 billion as investors dumped Tesla Inc (TSLA.O) shares on fears the top executive and largest shareholder of the world’s most valuable electric-vehicle maker is more preoccupied with Twitter, ANI quoted Reuters as saying.

Elon Musk has also sold 19.5 million Tesla shares worth USD 3.95 billion, U.S. securities filings showed.

Musk on Tuesday said that politics is war and truth is first casualty, as he attacked Democrats and supported Republicans during the US mid-term election.

“While it’s true that I’ve been under unfair and misleading attack for some time by leading Democrats, my motivation here is for centrist governance, which matches the interests of most Americans,” he tweeted.

Musk responded to Pranay Pathole who said Elon has always been a Democratic supporter but “the hate he has been receiving by the Democratic senators is awful”.

“Politics is war and truth is the first casualty,” said the Tesla CEO.

He further said that Twitter is the most interesting place on the Internet.

“Twitter is the worst! But also the best,” Musk further commented.

Musk on Monday said that Americans should vote for Republicans in the midterm election.

He told independent-minded voters that shared power curbs the worst excesses of both parties.

“Therefore, I recommend voting for a Republican Congress, given that the Presidency is Democratic,” the Twitter CEO posted to his nearly 115 million followers.

“Hardcore Democrats or Republicans never vote for the other side, so independent voters are the ones who actually decide who’s in charge,” Musk added.

Musk had long been advocating free speech on the platform, creating apprehensions for many as they fear the site will be left without regulations.

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