’ billionaire rankings. So far this year, Musk has lost more than $100 billion to the carmaker’s tanking stock, though previous losses didn’t affect his title as the wealthiest billionaire.
Instead, the man taking the crown in Forbes’ real-time index on Wednesday was Bernard Arnault and his family, the French CEO of luxury goods conglomerate LVMH. The company—formed through the massive merger of Louis Vuitton, champagne producer Moët & Chandon and cognac distiller Hennessy— owns more than 60 subsidiaries, including Sephora, Christian Dior, Fendi and Tiffany & Co.
Tesla is down as much as Amazon in past year ( 44%, 47%, respectively). It's the market
debby_lowery
Down 57% YTD
iamkathambi But I bet he's still richer than you
Yippee hooray hurrah
Love a story with a happy ending.
Oh well.
YOU GO RIGHT WING BRINGS A PRICE. THEY DON'T BUY HIS GOD DAMN CARS.
Wow talk about a lack of engagement
And the rest of the stock market did what?...
K
'Stock Plummets Overnight' 11%.. My crypto bags drop 11% in an hour sometimes but (most) come back up. It's wild watching these dying news outlets literally committing self-defragmentation for everyone to see.
Too bad. Anyway, how's everyone else's night going? 🤣
I keep seeing this announcement, but on the live forbes list, he's still 1. (Not that I care who is number 1, but was curious why so many talking about this, but I can't confirm it myself)
daily beast has to separate stock valuations to something that matters except to investors. And they don't lose unless they sell.
Time too buy!
I’m just here to check the replies from those who didn’t actually read the underlying article… 👀
Dude is doing stuff, not collecting fed coupons.
Nobody believes you redmedia
MAY HIS CLIFF HAVE NO BOTTOM
Knives are out for Elon just like any other man who takes on the globalist woke mobsters
Compared with a family not an individual of I read it right elonmusk
He’s got a lot more to lose. Apparently he’s okay with that. 😂😂😂
hes still no.1 BA&F stock also dropped
So? It'll go up.
Serves him right.
Does this mean that you hacks and losers will stop amend all Media Hive Mind 'doing PR for the world's richest man' Tweets? mtaibbi
Does report when his wealth increases? Or just when it gos down. Wonder why that is?
Lol same goes for the fraudulent trump lol lying sac of crap🤣🤣😍
No worries
Its back at 2020 prices. I dont see the big deal
fast golf buggies whose design hasn't changed in 10 years, powered by horrifically mined batteries, with fancy doors. Run by a CEO whose right wing rants have alienated the customers who think progressively.
Let's party
Good
He keeps this up, he's gonna lose his Tres Commas, like his boy Kanye...
Let it plummet future investors will be buying more for less
Oh damn he only has 340b left.
I want an EV but refuse to drive a Tesla
Hell, he probably spends $3.4 billion on lunch.
Well that is what happens when your environmentally conscious car company has to deal with the fact that you are apparently in bed with the anti-EV rabid right.
Haha 😂.
It will only go down from here. We a watching a right wing propaganda induced meltdown right in front of our eyes.
Musk is the media’s new trump.
He can still sleep in the SanFrancisco Twitter building tho…won’t B Homeless
CatLoverCares Better than the Tesla? You decide. This is the future in my opinion.
CatLoverCares I really think the Tesla and other electric cars are not the way of the future. In my opinion, hydrogen vehicles are superior in most every way. Faster fueling (5 minutes) further distances, etc. Research it!!
My little heart just aches for Elons. How will he ever recover from such a nightmare. Us, average people, only have to live with getting by pay check to pay check, easy peasy, but not being the richest in the world is so so hard.
Sucker
What kind of world are we living in when a CEO can’t demonize and bash the people that keep him in business?