Musk Loses $16Bln Overnight as Tesla Shares Tank 9% After Lackluster Q3 Results - BBI

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MOSCOW (Sputnik) - US billionaire entrepreneur Elon Musk has shed $16 billion of his fortune overnight as Tesla shares sank over 9% on the back of poor financial results in the third quarter of 2023, according to the Bloomberg Billionaires Index (BBI).