Elon Musk's Wealth Drops $16 Billion After Tesla's Disappointing Earnings
- Elon Musk's wealth is still up by more than $70 billion in 2023
- Elon Musk's fortune slumped by $16.1 billion Thursday after Tesla's weak Q3 earnings
- Musk owns 13% of Tesla and majority of wealth from the auto company
- Tesla missed earnings and sales expectations for the quarter
- Tesla reported first quarterly fall in sales this year, delivering 435,059 vehicles
