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

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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:) halting 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: TradingView

Michael Saylor comes out firing

Hope for the future?