Elon Musk loses top spot as world's richest person again

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Elon Musk loses top spot as world's richest person again
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48 hours after he was crowned the world's richest person, Elon Musk loses top spot — again

Investor sentiment could've taken a hit as Tesla did not unveil a budget-friendly electric vehicle at Wednesday's event. There were market"It's no surprise that Tesla stock fell over 5% in the hours following Tesla's Investor Day, as it fell short for investors regarding details on any new Tesla products or services," Greg Bassuk, the CEO of asset management firm AXS Investments, wrote in a Wednesday note seen by Insider.

Bassuk added investors were underwhelmed as they were waiting for concrete details of Tesla's plans to stay competitive in anDespite Wednesday's setback, Tesla stock is still up 65% so far this year as

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