There is no doubt that Elon Musk’s fortune is incredible. That it has companies such as Tesla, Spacex or Neuralink in your possession, it makes it clear that your pockets are full of money for these other lives.
However, between 2021 and 2023, our famous South African magnate starred in a little enviable record for the common mortals. This is the greatest loss of personal fortune in history, according to Guinness World Records, based on a 2023 Forbes report.
Specifically, Its assets fell from astronomical 320,000 million dollars in 2021 to about 138,000 million in January 2023, which represents a drop of 182,000 million dollars.
This, so that you can get a small idea, is three times higher than the previous record loss, which had a Japanese investor, Masayoshi are, and that it was 58.6 billion in the year 2000. Elon Musk has literally put the ribbon too high, probably unbeatable, if not for himself.
The main reason was a huge fall in the value of Tesla’s actions. They also had other problems in the company and controversies of Musk, but the coup was mostly in the stock market. Although his loss was only on paper, that is, it was not lost, but of stock market value, of course it is incredible.
As a curiosity, Comment that this period also cost him temporarily the title of richest person in the world, who lost in front of rivals such as Larry Ellison de Oracle, Mark Zuckerberg of Meta or Jeff Bezos de Amazon.
The most brutal backward record in history, but Elon Musk wants to turn the tortilla
But, and here comes the second part of the story, Musk did not give up and has recovered a lot of land. In 2025, most experts position their fortune again on top. Forbes calculates about 425,000 million dollars, Bloomberg A lower but equally crazy figure, 383,000 million.
The most striking thing is that precisely 2025 is not being the year of Elon Musk with Tesla making waters on all sides. Its global sales have fallen, its revenues down and the stock market reflected that tension with investors with drops close to 20%.
In addition, his relationship and that strange friendship with Donald Trump has given rise to all kinds of criticism and protests in the United States and Europe. The image of the company is for the soils and the confidence of some clients has been completely lost. However, and Despite that, the fact of putting the eggs in different baskets seems to work for South African.
Experts say that, despite the fall, the company still has an immense and potential value for recovery. There is even talk of a rebound for 2026, with new releases and improvements in autonomous driving software.
Elon Musk has new plans in the oven to recover the lost
As we say, Musk is totally focused on new projects and improving existing ones. And, despite the rumors and doubts of the investors, the Tesla CEO reaffirms its commitment to the brand and promises that the best is yet to come.
Elon Musk knows that the traditional business of electric cars is no longer enough to keep Tesla at the top. The market has been filled with incredible rivals such as Byd and margins have been reduced. Therefore, its bet is to reinvent the company and bet strongly on autonomous driving, artificial intelligence and robotics.
The great Musk project for this new stage is the robotaxis. According to its plans, the Tesla Cybercab – a completely autonomous vehicle, without pedals or steering wheel – has already begun to operate in Austin, Texas, in a pilot program that will start with a few units and that, if everything goes well, could reach 1,000 robotaxis in circulation in a matter of months.
Musk has also mentioned on several occasions the role of Optimus, the humanoid robot of Tesla, as another of the pillars of the company’s future. According to the CEO, the combination of artificial, robotic intelligence and large amounts of data will be vital to differentiate Tesla from the rest of car manufacturers. «The only thing that matters in the long term is autonomous driving and optimus,» he said several times.
Tesla plans to launch the totally autonomous driving in Texas and California next year, while Cyberercab production is scheduled for 2026, although Musk admits that it could be delayed until 2027. The price? Less than $ 30,000, according to the businessman.
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Tags: Electric car, Tesla, Elon Musk, economy