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Musk's Tesla Shares Plunge 48% Amid Protests

3/15/2025

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Story summary
  • Elon Musk, the wealthiest individual globally, owns 411 million shares of Tesla, equating to a 13% stake. However, the electric vehicle giant's stock has plummeted nearly 48% from its December high of $479.86, closing at $249.98 on Friday, with a 30% decline since recent protests began.