Elon Musk Will Never Get The World's Richest Person Title Back

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Since Dec 1, 2022, Tesla stock has plunged by 39% due to an increased competition and no proper deliveries

This has pulled down Elon Musk from being world’s richest person as his net worth has dropped from $210 billion to $129.4 billion

Also Musk’s estimated stake of 79% is now worth of just $11.6 billion

Furthermore, the Tesla shares fell to $101.81 earlier Jan 2023 which shows a decline of nearly 50%.