How Elon Musk’s finances got more complicated as TSLA dropped 65%+ in 2022, shrinking his borrowing power and his fortune from an estimated $340B peak to $140B

The Tesla Inc. TSLA -1.76%decrease; red down pointing triangle shares that have powered Elon Musk’s fortune have sharply declined while he attempts to stabilise his enormous personal investment in Twitter Inc.

Since Mr. Musk announced his intention to purchase the social media platform, the share price of the automaker has dropped more than 60% and by 18% this week alone.

His ability to sell or borrow against his Tesla shares in order to raise cash has been made more difficult in recent months due to their sharp decline.

More: InsiderThe Tech Fuelled InvestorLivemintCoinmonks, and Gizchina

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