Elon Musk’s growing political involvement and extensive workload across multiple companies, including Tesla and X, and his new White House role, have raised concerns about his ability to effectively manage them all.

The EV giant’s share prices are down by 50% from their all-time high. The tanking stocks cost the world’s richest billionaire a whopping $18 billion decline in his net worth. From his peak net worth of $464 billion in December 2024, Musk’s wealth dropped by $139.4 billion to $324.6 billion.