New Delhi, July 25 -- Tesla and SpaceX stock, as investors know, have gotten hammered this week, and the drops have cost Elon Musk a boatload of money.

Shares of his rocket and AI company have slid roughly 22% over the past two weeks through Friday afternoon, while the EV maker's stock has tumbled about 24%. The selloff has left Musk billions of dollars below his short-lived status as a trillionaire.

Musk didn't immediately respond to a request for comment.

Tesla stock is down about 19% this week alone, and earnings disappointment is the main reason. Tesla reported a second-quarter operating profit of about $400 million Wednesday evening, far short of the Wall Street forecast for about $1.7 billion. Shares dropped almost 15% on Thursda...