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At the close of trading Wednesday, Musk's net worth was down $1.91 billion on the day, to $184 billion, dropping back below the $186 billion fortune of luxury goods mogul Bernard Arnault.
Elon Musk was expected to reveal new EVs at Wednesday's Investor Day, but instead, he shared details of a $10 trillion Master Plan 3 to eliminate the use of fossil fuels.
In recent times Tesla Cybertruck was seen carrying tires, and it was showing that the vehicle was undergoing some tough testing.
Idra, the Italian company that manufactures the casting machines for Tesla, confirms the shipment of the largest machine of this type in the world to Giga-Texas in Austin; the giant machine will be installed on the production line of the Tesla Cybertruck.