Elon Musk’s net worth just took a massive $111 billion hit as Tesla’s stock continues to slide—dropping over 40% from its peak. With slowing EV demand, aggressive price cuts, and growing competition, investors are starting to panic. Musk’s fortune has always been tied to Tesla, but with ongoing lawsuits, SpaceX hurdles, and risky AI investments, could this be the financial blow he doesn’t recover from? #elonmusk #wealth #tesla #ibtimesuk #roadto10k