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Fortune

Rachyl Jones

Elon Musk is down $66 billion on Tesla and Twitter

Elon Musk Tesla Inc. Twitter Inc. X Linda Yaccarino

Man in suit posing pensively (Credit: Chesnot/Getty Images)

And the biggest loser is…the richest man in the world.

Elon Musk’s wealth took a major hit following Tesla’s third-quarter earnings on October 18. In the days after the company reported profits and sales below analyst expectations, Tesla’s stock spiraled 23%, shaving $189 billion off its market capitalization and $41 billion off Musk’s own net worth. As of Monday, the Tesla CEO had a fortune of $193 billion, according to the Bloomberg Billionaires Index.

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