Tesla experiences largest historical drop, Musk's stake value shrinks by over $19.5 billion
June 6 news, due to the clash between Musk and Trump last night, Tesla fell by more than 14%, with its market value shrinking by $153 billion, marking the largest single-day drop in history. Musk holds about 12.8% of Tesla's stock, and as a result, the market value of this portion of stock has shrunk by more than $19.5 billion.
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