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Elon Musk no longer world’s richest man after Tesla and Bitcoin slump

Elon Musk no longer world’s richest man after Tesla and Bitcoin slump

Tesla President Elon Musk has lost his crown as the world's most extravagant man following a sharp adjustment in Bitcoin and a droop in his organization's stock that a few investigators accept are associated.

Tesla stock (TSLA) has dropped 21% from its high of $890 on January 26, quickening those misfortunes in the course of recent days in a tumble to $698. Portions of the electric vehicle producer plunged as much as 13% on Tuesday, Feb. 23, the stock's most noticeably awful day since early September.

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