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Tesla's stock wipeout has hit Elon Musk's net worth by more than $150 billion this year
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It should make it harder for him to influence politics globally as well. People seem to think they have to listen when the world's richest man speaks, but the world's 20th richest one doesn't have that sway. Also seeing his net worth plummet should make other would-be emperors less inclined to throw their lot in with him.