Elon Musk No Longer Richest Man Alive As Tesla Stock Falters | Carscoops carscoops
, Tesla’s stock dropped on Monday and this resulted in Musk having an estimated worth of $181.3 billion. That was a decline of $7.4 billion and it meant the Chief Twit was the second richest person in the world.Now, the world’s richest person is Bernard Arnault, who is co-founder, chairman, and chief executive of LVMH Moët Hennessy – Louis Vuitton SE. Forbes notes he ended Monday with an estimated worth of $186.2 billion, which put him $4.9 billion ahead of Musk.
While the outspoken executive won’t be forced to clip coupons anytime soon, his fall from the top spot has been a long time coming. Tesla’s stock price has fallen over 50% in the past year and is $160.44 per share as of this writing. That’s a far cry from the old days when Musk wanted to takeTesla’s stock price has dropped nearly 29% since he purchased Twitter and
the social media site is a distraction that has taken Musk’s attention away from Tesla. Making matters worse, Musk’s social media antics have annoyed some customers and investors. This risks tarnishing his image and sending car buyers elsewhere.According to, Tesla’s stock dropped on Monday and this resulted in Musk having an estimated worth of $181.3 billion. That was a decline of $7.4 billion and it meant the Chief Twit was the second richest person in the world.
While the outspoken executive won’t be forced to clip coupons anytime soon, his fall from the top spot has been a long time coming. Tesla’s stock price has fallen over 50% in the past year and is $160.44 per share as of this writing. That’s a far cry from the old days when Musk wanted to takeTesla’s stock price has dropped nearly 29% since he purchased Twitter and
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