Bitcoin: Elon Musk loses world’s richest title as Tesla falters

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The Tesla chief’s wealth has taken a hit as investors sour on Bitcoin and the electric carmaker. …

The risk of being associated with the notoriously volatile Bitcoin – which has fallen sharply in recent days – may have prompted some Tesla investors to sell their shares, even if the firm has not been hurt by the declines, Wedbush Securities analyst Dan Ives said.

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