Elon Musk No Longer the Richest Person in the World

LVMH Chairman and CEO Bernard Arnault is now the richest person in the world, according to Forbes. Most of his fortune is tied to Tesla's stock, which has lost nearly a third of its value since Musk brought Twitter into the fold. One hedge fund manager with about $50 million invested in Tesla tweeted that Musk's Twitter drama is negatively impacting the brand. A recent survey from the Wall Street Journal found Tesla is falling out of favor because the brand is now viewed as more partisan.