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Elon Musk breaks staggering world record

Elon Musk has broken a world record – but maybe not one he’ll be particularly pleased about. According to Guinness World Records, Mr Musk has seen his personal fortune drop by the largest amount in history. Over just one year, Mr Musk has…

Tesla faces brutal share crisis

Tesla shares have never been this cheap, and now furious investors are lashing out at its billionaire CEO Elon Musk after the electric car maker’s valuation value dipped below $US500 billion ($A728 billion) for first time in two years.On…

Musk no longer world’s richest person

Elon Musk is no longer the word's richest person, according to Bloomberg and Forbes’ rich lists.The title now belongs to French businessman Bernard Arnault, the chief executive of the LVMH empire, which includes Louis Vuitton, Christian…