Elon Musk’s net worth has fallen below $400 billion as Tesla (TSLA) stock tumbles in 2025 amid growing concerns over the EV giant’s future. As

Tesla’s financial tale, however, has taken a turn since Trump took the oath of office with Tesla stock down over 17% since Jan. 21, as of midday Friday. Just weeks before the inauguration, Tesla reported the first full-year drop in global sales in its history as a public company, according to a report from CNN.

Tesla’s stock continues to pullback, as the souring of public opinion toward CEO Elon Musk fuels worries of lower sales.

A State Department spokesperson told Forbes the department has “no current plans” to move forward with the potential contract, which was initiated under the Biden administration.

The US is preparing to buy $400m (£321m) of “armoured Teslas” even as Elon Musk seeks to cut government spending by billions of dollars.

Why did Elon Musk sell $5 billion worth of Tesla stock? Was it for taxes, investments, or something bigger? Dive into the real reasons behind this massive sale and what it means for Tesla’s future and the stock market!