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Elon Musk loses $20B since SNL, as Michael Saylor comes out firing

CryptocurrencyMay 14, 2021 12:00AM ET
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Elon Musk loses $20B since SNL, as Michael Saylor comes out firing

Elon Musk has reportedly lost $20 billion since his May 8 appearance on Saturday Night live, as the news of Tesla (NASDAQ:TSLA) halting BTC payments for cars continues to send shockwaves across markets.

On May 7, the day before Musk made his appearance on SNL, Tesla stock was sitting at $669. In the week since the stock has declined 14% to sit around $573. According to Forbes estimates, this sudden drop has seen Musk’s $166 billion net worth plunge by $20 billion down to around $145.5 billion.

Tesla Stock, 1 month chart, Trading View

Michael Saylor comes out firing

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Elon Musk loses $20B since SNL, as Michael Saylor comes out firing
 

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Comments (1)
Eudon Hickey
Eudon Hickey May 14, 2021 12:34AM ET
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Stop listening to Elon. He might be smart, but he is hot cold the whole time
 
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