Elon Musk is no longer the richest man in the world Tesla Inc. shares slipped. 8.6% Monday, sweeping $ 15.2 billion from its net worth.
Tesla’s decline was inspired in part by Musk comments over the weekend that Bitcoin and Ether prices are less competitive “look high. His message – via his favorite medium on Twitter – came two weeks after Tesla announced that it has added $ 1.5 billion in Bitcoin to its balance sheet.
Musk also tweeted earlier Monday that the Model Y Standard Range SUV would still be available “off the record,” with support. reports from electric vehicle news site Electrek that the model has been removed from its online configuration.
Musk falls to second place on the Bloomberg Billionaires index of the 500 richest people in the world with a net worth of $ 183.4 billion. Founder of Amazon.com Inc. Jeff Bezos regained the top spot even when his fortune fell $ 3.7 billion to $ 186.3 billion.
The two billionaires have been changing places this year as the value of Tesla changed. Musk short He took over Bezos after his rocket company SpaceX raised $ 850 million earlier this month, valuing the company at $ 74 billion, a 60% jump since August.
Bezos topped the rankings for three years just before January, when Musk downgraded the e-commerce titan thanks to a 794% rally in Tesla shares.
– Supported by Dana Hull, and Esha Dey