Elon Musk Loses $6 Billion After Tesla Car Accident Killed 2 People
World’s second richest man, Elon Musk has lost $6 billion after Tesla stocks dropped on Tuesday
Stocks of the car company dropped by 3.8%, following news of an accident involving a Tesla vehicle
Two men died on Saturday when their 2019 Tesla car crashed into a tree
Tesla Technoking, Elon Musk has lost $24 billion, following news that a Tesla car caused the death of two people.
Two men in Houston were in a Tesla 2019 model when it ran into a tree.
Police authorities have revealed that the car may have been on autopilot based on the sitting arrangement of the deceased.
The police also had a tough time putting out the fire and even had to call Tesla for help.
Although claims that the vehicle was on autopilot were not confirmed, the news has resulted in a 3.8% drop in Tesla stocks.
The drop in Tesla shares also caused Musk to lose $5.7 billion within 24 hours.
The CEO, Elon Musk has denied claims that the vehicle was on autopilot.
Musk believes that the Wall Street Journal did not cover the incident in a professional manner.
Following the incident, Musk is now worth $183bn, and the gap between him and Jeff Bezos at the top is now $14 Billion.