New story in Business from Time: Elon Musk Lost $800 Million This Week Thanks to Tesla

The downside of owing most of your net worth to an erratically profitable company: Your paper value fluctuates. A lot. After a earnings report that did little to pique investor optimism over the Model 3, shares of Tesla fell, leading to a roughly 7% drop off since Monday. That made Elon Musk’s net worth drop …

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