15:40 - 11.02.2025

---

February 11, Fineko/abc.az. Elon Musk's fortune lowered below $400 bn for the first time in 2025 amid a significant decline in stock prices for Tesla he created.

ABC.AZ informs that according to Bloomberg, automaker's stock price has fallen by 27% since reaching a historic high in mid-December. A particularly sharp drop was observed last week: then the price of Tesla securities declined by 11% amid reports of a reduction in sales. In particular, car shipments to Germany decreased by 59%, the anti-record has been broken since 2021, and sales in China fell by 11.5% compared to last year. On February 10, the price of Tesla shares fell for the fourth day in a row, losing 3% and reaching a level of $350.73 per paper.

Earlier it became known that Elon Musk wants to buy a non-profit organization that runs the technology company openair.