Elon Musk’s net worth has fallen below $400 billion as Tesla (TSLA) stock tumbles in 2025 amid growing concerns over the EV giant’s future. As

After reaching a net worth of more than $486 billion in December, Elon Musk’s wealth has sunk below $400 billion for the first time in 2025. Tesla—where Musk derives about 60% of his wealth—has had an abysmal year.

Musk, who also runs SpaceX and a number of other companies, has been known to make big often exaggerated promises. For example, he once called the Hyperloop, which was never built, the "fifth mode of transport" and famously promised to take Tesla private in a Twitter post, saying he had secured financing that he didn't have.