<ul><li>Elon Musk has experienced a decline in his net worth, losing $160 billion due to Tesla's declining share price.</li><li>Tesla's stock has plummeted 62% from its peak, significantly affecting Musk's wealth.</li><li>Tesla has faced challenges such as lower car deliveries, price cuts, and competition from Chinese rivals.</li><li>Musk's wealth ranking has dropped to third place on the Bloomberg Billionaires Index.</li></ul>

Tesla Declining Share Price: Elon Musk’s Wealth Goes Down by $160 billion Tesla's Challenges and the Impact on Elon Musk's Net Worth

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