Elon Musk Drops Out of $200 Billion Club Again as Tesla Tumbles

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Elon Musk has once again fallen out of the $200 billion club.

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Musk, the world's most extravagant individual, saw his fortune drop Tuesday by 5.4% to $192.7 billion as portions of Tesla Inc.

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The electric carmaker's misfortunes outperformed those of the more extensive S&P 500 Index, which finished the day down 0.8%.

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Elon Musk, organizer behind SpaceX and CEO of Tesla Inc., shows up at the Axel Springer Award service in Berlin,

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Germany, on Tuesday, December 1, 2020. Tesla Inc. will be added to the S&P 500 Index in a single shot on Dec. 21,

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Musk, 50, last dipped below the $200 billion threshold in March. But markets promptly staged a rally

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Lifting his total assets to $288 billion on April 4, as per the abundance file.

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