Elon Musk Drops Out of $200Bln Club for First Time Since Last Year as Tesla Shares Waver

Since Elon Musk began his bid to buy Twitter in April, shares in Tesla have taken a major hit and dropped to a 52-week low this week. This will account for the multi-billionaire's fortune falling by more than $72Bln since hitting its peak in September 2021, as revealed by Forbes' real-time billionaires' tracker.