I’m seeing lots of schadenfreude about the guy “losing” $200 billion. It benefits no one. A better way would be to tax the megabillionaires fairly: i.e., returning the bulk of their wealth to the society that made them rich in the first place.

https://www.bloomberg.com/news/articles/2022-12-30/elon-musk-becomes-first-person-ever-to-lose-200-billion

Tesla’s Worst-Ever Year Brings $17 Billion Windfall for Shorts

Investors betting against Tesla Inc. are getting the big bonanza they have been waiting for, with the electric-vehicle maker set to record its worst annual performance on record.

Bloomberg