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Business

Elon Musk's wealth slumps $20 billion after Tesla Inc's shares tumble Elon Musk’s fortune slumped $20.3 billion Thursday after Tesla Inc. warned it may have to keep cutting the prices of its electric vehicles, sending shares tumbling.

Markets end at record closing highs; Sensex t BSE benchmark hits new summit at 67,619; ends with a solid gain of 474 points at 67,572. and the Nifty was up 146.00 points or 0.74% at 19,979.20.