Tesla shares are getting cheaper
Tesla was one of the few US companies that was unaffected during the pandemic but increased its sales and profits. Tesla is the most advanced electric vehicle manufacturer in the world. Tesla electric vehicles can compete with traditional cars in terms of speed and economy. The only drawback of Tesla electric vehicles is their high cost.
Recently, Tesla shares began to fall on the stock exchange.
American entrepreneur Elon Musk has lost more than $21 billion due to the fall in Tesla shares.
Musk's net worth fell $21.5 billion, or 8.84 percent. Thus, his fortune now stands at $221.3 billion.