Bloomberg reported a drop in Elon Musk's fortune below $ 300 billion.

The condition of the owner of Tesla and SpaceX companies and the head of the Department of State Efficiency (DOGE) Elon Musk's US dollar dropped below the $300 billion mark for the first time since November. This was reported by Bloomberg on April 8.

Musk lost $4.4 billion on Monday after Tesla shares continued to fall, bringing his total net worth to $297.8 billion.

According to Bloomberg, the company's securities have fallen by more than 50% compared to the record level that was observed in mid-December 2024.

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In addition, on April 7, The Washington Post reported that Musk had asked US President Donald Trump to lift high tariffs on goods from other countries. The publication noted that the decision of the head of state on tariffs could harm Tesla.

Earlier, on April 2, Trump announced the introduction of base duties of 10% for all products supplied to the United States. At the same time, tariffs for the EU will increase to 20%, and for goods from the People's Republic of China (PRC) — up to 34%.