Elon Musk, the world's richest person, has experienced a significant decrease in his net worth, losing over $100 billion this year.
This substantial drop is primarily attributed to Tesla's plummeting stock price and decreased sales figures in major markets like the US and China.
Despite these setbacks, analysts remain optimistic about Tesla's future prospects and potential recovery in the coming year.
Musk's involvement with Dogecoin, alongside his leadership at Tesla and SpaceX, suggests a need to better manage his time and priorities.
