He's the richest man only because Telsa is a memestock.

Once people realize Tesla's value is high for the same basic reason FTX's was*, it'll normalize down to something a lot smaller.

* people put money in, and number go up; and because number go up, more people put more money in. All while paying lots of attention to the brand and the memes but without paying much attention to the fundamentals of the business

@Pwnallthethings Some 15 years ago or so, my car insurance representative wanted to get into some new retirement product of theirs that was tied to the stock market. I refused. He asked why I was unwilling to invest in stocks. I told him I don't buy baseball trading cards, because their only value is how much somebody thinks the next person will pay for them.