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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 […]