Business Insane

Elon Musk loses 2nd richest tag to Louis Vuitton’s Bernard Arnault as Tesla stocks tumble

Elon Musk, Tesla Inc.’s chief executive officer lost his spot as the world’s second-richest person to LVMH Chairman Bernard Arnault as the electric vehicle-maker’s shares fell 2.2% amid fresh signs of trouble in its China business. Musk, who held the top spot in the Bloomberg Billionaires Index as recently as March, now has a fortune […]