(Bloomberg) — Elon Musk’s net worth plunged $16.3 billion Tuesday, the largest single-day wipeout in the history of the Bloomberg Billionaires Index, as the Tesla Inc. rout continued.The electric-carmaker fell 21% in New York trading — the most ever — on news of a partnership between competitors Nikola Corp. and General Motors Co., deepening a sell-off that began last week after it was snubbed for inclusion in the S&P 500 index.The world’s wealthiest people have lately seen wild swings in their net worth as retail traders accelerate buying and selling in stocks. Amazon.com Inc’s Jeff Bezos lost $7.9 billion Tuesday, …read more
Source:: Yahoo Finance
