Tesla CEO Elon Musk first person to lose $200 billion in net worth

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Yahoo Finance Live’s Brian Sozzi breaks down the stat of the day.

Video Transcript

[AUDIO LOGO]

BRIAN SOZZI: All right, Tesla CEO Elon Musk has become the first person ever to lose $20 billion from his net worth, according to new Bloomberg data. Musk saw his fortune peak at $340 billion in November 2021. Currently, it stands at about $137 billion, in part, because of the plunge in value in the Tesla shares he owns. But, of course, those Tesla shares under a lot of pressure again in this session.

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