Elon Musk Loses $15 Billion In A Day After His Own Bitcoin Warning

Elon Musk Loses $15 Billion In A Day After His Own Bitcoin Warning

Elon Musk drops to second on the Bloomberg Billionaires Index of the world's 500 richest people. Elon Musk is no longer the world's richest person after Tesla Inc. shares slid 8.6% on Monday, wiping $15.2 billion from his net worth. Tesla's biggest decline since September was fueled in part by Musk's comments over the weekend that the prices of Bitcoin and smaller rival Ether "do seem high".

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