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Elon Musk’s Net Worth Fell $15 Billion After Tesla Robotaxi Event

Tesla debuted its prototype Cybercab at Thursday’s “We, Robot” event in Los Angeles. Tesla stock fell more than 9% on Friday, reducing Elon Musk’s net worth. Though his net worth dropped by about $15 billion, Musk remains the world’s richest man. Thanks for signing up! Access your favorite topics in a personalized feed while you’re…

China stocks sink in U.S. markets on lack of Beijing stimulus news

Cs news9 months ago01 mins

NEW YORK — Major U.S.-listed Chinese stocks tumbled Tuesday following dampened enthusiasm for Beijing’s fiscal support plan that had been fueling a recent rally. The Nasdaq Golden Dragon China Index, which tracks Chinese companies listed in the U.S., was down 6.54% in midday trading, while overall U.S. markets were trading slightly up. Source link