Elon Musk, the closest friend of US President Donald Trump and the world’s richest man, is currently going through a loss. And the reason for this defeat has been described as his friendship with Trump. On the one hand, everyone feels that Musk’s friendship with Trump will benefit them, but it is baseless. On the other hand, due to this friendship, Musk has lost 9 lakh crores in just 2 months.
Public angry with Allen Musk
US President Donald Trump is ruining Alan Musk, a loss of 9 lakh crores, sales of cars manufactured by Allen Musk’s company Tesla are declining. Tesla’s sales have seen a decline, especially in European countries. Ever since US President Donald Trump took over, he has been stirring worldwide with tariffs. Especially European countries, which were once considered close to America, are now seen distance from it. While other countries are angry due to the tariff, Alan Musk is also angry with Trump. People from other countries are now extracting their anger on Tesla. It is the turn of Allen Musk to take a loss of 9 lakh crores by not purchasing Tesla car.
Tesla car sales fall
The sales of cars manufactured by Allen Musk’s company Tesla are declining. Tesla’s sales are witnessing a huge decline, especially in European countries. Talking about Germany, Tesla’s sales have fallen by 76 percent here. While Tesla car sales have decreased by 45 percent in France, 55 percent in Italy, 24 percent in Netherlands, 42 percent in Sweden and 10 percent in Spain. Tesla cars are also not being sold in Australia and China. Australia saw a decline of 66 percent, while China saw a decline of 49 percent. By February this year, Tesla’s shares had fallen by about 30 percent. If we talk about the last one month, Tesla’s shares have fallen by about 25 percent. This decline in Tesla’s shares is larger than Google and Nvidia. According to the Bloomberg Bilinyers Index report, this year Alan Musk’s wealth has decreased by $ 103 billion, or about Rs 9 lakh crore. Talking about Allen Musk’s current net worth, it is around $ 330 billion.
