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Tesla's stock price suffered four consecutive declines, and Musk's value fell below $200 billion

According to the latest news from the US stock market, Tesla's stock price fell 7% on Wednesday to close at $764.04 per share, which is already the fourth consecutive trading day that Tesla's stock price has fallen, reaching the lowest level since September last year.

Tesla's stock price suffered four consecutive declines, and Musk's value fell below $200 billion

Tesla founder and CEO Elon Musk currently holds a total of 231 million Tesla shares, holding 21.2% of the shares, but after Wednesday's stock price plunge, Musk's value shrank by $13.3 billion in one day, and his current value is $198.6 billion, but according to the current latest value, Musk is still the world's richest man.

Tesla's stock price suffered four consecutive declines, and Musk's value fell below $200 billion

On November 4, 2021, Tesla's stock price reached its highest point, the closing price of the day was $1229.91 / share, Musk's value once reached $340.4 billion, but a few days later, Musk asked fans on Twitter whether he should sell some of his shares, which led to a sharp decline in Tesla's stock price, and Musk's value also evaporated by $35 billion in one day.

Tesla's stock price suffered four consecutive declines, and Musk's value fell below $200 billion

At present, Tesla has three gigafactories in the world, namely Shanghai Gigafactory, Berlin Gigafactory and Texas Gigafactory, of which Shanghai Gigafactory delivered a total of 484,100 Tesla electric vehicles in 2021, accounting for 51.7% of Tesla's annual global total deliveries. It is reported that Tesla intends to build a second gigafactory in China, or will settle in Qingdao.

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