Elon Musk has managed to become the first person in the history of the world to lose 200 billion US dollars from his wealth.

With the collapse of Tesla shares, Musk's wealth has fallen to 137 billion US dollars, according to the Bloomberg website. On November 4, 2021, Musk's total wealth was recorded as 340 billion US dollars.

The foreign media have indicated that Tesla's stock value will drop by about 65 percent in 2022 and Musk's purchase of the Twitter company are the main reasons for his wealth to decrease.