Elon Musk experienced a daily loss of approximately $380 million in the year 2025.
Elon Musk, the billionaire entrepreneur and CEO of Tesla, has seen a significant drop in his net worth in 2025. This decline can be largely attributed to a combination of factors, including Tesla's performance issues, political disputes, and broader market and economic conditions.
Tesla's stock has taken a hit, with shares falling over 16% this year. As of early July 2025, Tesla's stock was trading at around $315.35. This decline has been accompanied by a 13% year-over-year drop in deliveries in Q2 2025, reflecting weakening global demand and heightened competition, especially from Chinese automakers like BYD.
The company is facing difficulties in key markets, compounded by a "Tesla Takedown" campaign in North America and Europe. This movement has fueled boycotts, reduced resale values, and damaged Tesla's brand image due to dissatisfaction with Musk's political and corporate choices.
Elon Musk's political feud with former President Donald Trump has also intensified pressures. Trump criticized Tesla's reliance on federal electric vehicle tax credits and suggested ending SpaceX contracts. These provocations caused sharp stock volatility, leading to a single-session loss of nearly $12 billion in Musk's net worth.
Earlier in 2025, Musk's net worth dropped by over $120 billion, partly due to his ties to Trump's tariffs and ventures like the "Department of Government Efficiency" (DOGE), which have raised political and market uncertainties.
The broader technology sector correction, ongoing trade tensions, and regulatory uncertainties have further weakened Tesla's market position and exacerbated Musk's wealth decline. Volatile market conditions and the threat of a global trade war have created instability around Tesla’s market value, contributing to fluctuations in Musk’s net worth.
As a result, Musk's net worth currently stands at $361 billion, making him the world's richest person according to the Bloomberg Billionaires Index. However, this is a stark contrast to the start of 2025, when he had a net worth of $432.4 billion. Since then, Musk has seen a $71.4 billion decline in his net worth, averaging an approximate daily loss of $381.3 million.
In contrast, other tech titans have seen gains. Mark Zuckerberg, CEO of Meta, trails Musk with a net worth of $254 billion, having added $1.87 billion in the latest trading session and gaining $46.3 billion year-to-date. Larry Ellison ranks third with a net worth of $253 billion, boosted by a $6.52 billion daily gain and a $60.7 billion increase since January. Jeff Bezos holds fourth place with a net worth of $244 billion, up $3.26 billion on the day and $5.33 billion year-to-date. Steve Ballmer of Microsoft is the only individual in the top five, besides Elon Musk, to have seen daily gains, with a net worth of $172 billion, after daily gains of $2.47 billion and a YTD increase of $25.5 billion.
These developments highlight the challenges facing Tesla and Musk, as they navigate a complex landscape of market volatility, political controversies, and competitive pressures. Despite these challenges, Musk remains a prominent figure in the tech and automotive industries, and his efforts to drive innovation and sustainability continue to resonate with many.
[1] Source: Bloomberg, Reuters, CNBC, and other financial news outlets. [2] Source: The New York Times, The Wall Street Journal, and other mainstream media outlets. [3] Source: The Economist, Forbes, and other economic analysis publications. [4] Source: Tesla's Q2 2025 earnings report and press releases. [5] Source: SEC filings and regulatory announcements.
The drop in Tesla's stock, with shares falling over 16% this year, and the 13% year-over-year drop in deliveries in Q2 2025 have greatly impacted Elon Musk's net worth, as they are rooted in business, finance, and technology sectors. The "Tesla Takedown" campaign, Tesla's performance issues, political disputes, and broader market and economic conditions have all contributed to Tesla's stock decline and Musk's wealth decrease.
