Tesla shares collapsed, and Elon Musk loses more than $13 billion amid military operation in Donbass

Stock markets have not yet opened everywhere, but they have already reacted to the start of the military operation in Donbass with a fall. According to RBC, the fall of stock indices was the highest in the history of the Russian market. The previous record drop on the Russian stock market was set on October 28, 1997. In the US, the S&P 500, Nasdaq and Dow Jones are falling, and technology stocks are falling with them.

Tesla shares collapsed, and Elon Musk loses more than  billion amid military operation in Donbass

Thus, Microsoft shares are falling by about 2.8%, Apple shares are losing about the same amount. Amazon sags by more than 3%, but Tesla loses more than others: a drop of about 6% in trading before the main market session.

Tesla shares collapsed, and Elon Musk loses more than $13 billion amid military operation in Donbass
Tesla shares collapsed, and Elon Musk loses more than $13 billion amid military operation in Donbass

Prior to this, Tesla shares also fell in price, as a result, now the company gives about $ 764 for one security – this is the level of September last year. Elon Musk naturally loses, being the main shareholder of Tesla. During the day, his fortune decreased by more than 13 billion dollars and fell below the mark of 200 billion. This is the largest daily loss in the Bloomberg Billionaires Index.

Source: ixbt

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