Elon Musk loses $15 billion as Tesla shares fall after America Party launch

A hot potato: Elon Musk is more than $15 billion poorer today, a result of Tesla's shares taking another dive following the launch of his America Party. But there's no need to set up a GoFundMe; Musk is still the world's richest person – by a considerable margin.

Tesla's shares have been suffering as a result of Musk's ongoing feud with one-time ally Donald Trump. After fulfilling his pledge to launch a new political party over the weekend, Tesla shares dropped 7% yesterday morning, losing around $21 per share.

Tesla's year-to-date share price

As a result of the fall, Musk saw another $15 billion wiped off his personal fortune. However, he still tops Bloomberg's Billionaires Index with a total net worth of $346 billion. Second place Mark Zuckerberg is at $253 billion – $93 billion less than Musk.

Tesla's shares hit $436 on January ...