Elon Musk took to Twitter Inc. on Wednesday, announcing his political shift from Democrat to Republican, trashing the ESG and replying to several users of the social-media website that he had agreed to buy.
Tesla Inc., meanwhile, sank to its lowest level this year, removing $ 12.3 billion from its assets, while Twitter increased its slides. Everyone has said that since launching its bid for Twitter last month, Musk has lost $ 49 billion, partially dragging out the broader market, and some Tesla investors are worried about how it will finance its offer for the social-media giant.
According to the Bloomberg Billionaires Index, 50-year-old Mask is the richest man in the world with a fortune of 9 209.9 billion. He has shaved 60.4 billion from his assets this year, down from Binance’s Champeng Zhao, who lost $ 81 billion, and Jeff Bezos $ 62 billion.
Musk has become increasingly vocal since launching his $ 44 billion offer for Twitter. Wednesday was no exception.
He tweeted that ESG was “a scandal” when Tesla lost its place in an S&P global index that allows companies to monitor their environmental, social and administrative standards. He further predicted that “political attacks” on him would “increase dramatically in the coming months.”