A massive 78% drop in Ola Electric's share price eroded ₹8,000-crore wealth from Softbank's investment in the company in just 501 days, when calculated from the stock's all-time high of ₹157.4, ET reported. For Temasek-backed MacRitchie Investments too, Ola Electric has eroded investment value by ₹548 crore. Ola Electric's stock had hit its record high in August, days after listing.