Elon Musk loses $15 billion in a day after warning about Bitcoin

Elon Musk has lost his spot as the World’s richest person after Tesla Inc shares fell 8.6% on Monday, wiping over $15.2 billion from his net worth

Also Read: Dogecoin falls after Elon Musk offers support

This is Tesla’s biggest decline since September and may not be unrelated to Musk’s comments over the weekend that the prices of Bitcoin and Ethereum ”do seem high”. His message via twitter came barely two weeks after Tesla announced it added $1.5 billion in Bitcoin to its balance sheet.

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