Tesla's stock lost over $700 billion in value. Elon Musk's Twitter deal didn't help

https://www.npr.org/2023/01/06/ [login to see] /tesla-shares-elon-musk-twitter-electric-cars
For several years, the meteoric rise of Tesla stock has captivated, thrilled and mystified Wall Street. But in 2022, that meteor blazed out.

The electric-carmaker's stock lost 65% of its value in 2022. And the company kicked off the new year with yet another plunge, dropping 12% in a single day after disappointing sales figures were announced.

That's not only bad for investors. It's also bad for Tesla CEO Elon Musk, who has a big chunk of his wealth tied to the automaker and is no longer the world's richest man.