Elon Musk's fortune at risk after mass corporate exodus at Tesla [View all]
Elon Musk is now facing an uphill battle after stepping away from his position as an advisor to Donald Trump to focus his attention on his embattled Tesla automotive company.
And with that comes the threat that he may lose the faith of investors who helped make him the wealthiest man in the world.
That is according to former Jalopnik editor-in-chief Patrick George in a column for The Atlantic where he pointed out that it is not just consumers who have fled the Tesla brand due to his close alignment with the unpopular Trump –– which is also currently on the rocks –– but also a "brain drain" at his company that has been occurring while his attention has been elsewhere, primarily with his Department of Government Efficiency (DOGE).
With the company now struggling due to a combination of a consumer boycott, dissatisfaction with a lack of innovation on newer models and plummeting stock prices, George suggested it will be up to the billionaire to turn things around at the company that makes up a large portion of his wealth.
https://www.msn.com/en-us/money/companies/elon-musk-s-fortune-at-risk-after-mass-corporate-exodus-at-tesla-report/ar-AA1GXL5M
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