What if…. we abolished billionaires?
Experts tell Al Jazeera what would happen if the world decided to downgrade its richest residents.

Experts tell Al Jazeera what would happen if the world decided to downgrade its richest residents.





![Despite the letter, the electric car maker’s stock is on the upswing. It is up 3.1 percent as of 11:00 AM in New York (15:00 GMT) [File: Carlos Barria / Reuters]](/wp-content/uploads/2025/10/2025-09-21T184816Z_1565242524_RC2IWGANAVCH_RTRMADP_3_USA-SHOOTING-KIRK-1761578009.jpg?resize=770%2C513&quality=80)

![Tesla’s stock was unaffected by the suit. It finished the day up 2.5 percent [File” Mike Blake / Reuters]](/wp-content/uploads/2025/11/2025-10-23T164132Z_1696069768_RC2BGHA406XD_RTRMADP_3_TESLA-CARS-1762204483.jpg?resize=770%2C513&quality=80)
![Despite the letter, the electric car maker’s stock is on the upswing. It is up 3.1 percent as of 11:00 AM in New York (15:00 GMT) [File: Carlos Barria / Reuters]](/wp-content/uploads/2025/10/2025-09-21T184816Z_1565242524_RC2IWGANAVCH_RTRMADP_3_USA-SHOOTING-KIRK-1761578009.jpg?resize=770%2C513&quality=80)
Siberia-Alaska link could ‘unlock’ resources and be built with Elon Musk’s The Boring Company, says Kirill Dmitriev.
The electric carmaker had unveiled chief Elon Musk’s proposed $1 trillion compensation plan in September.
One of biggest US corporate legal battles is in final stage after judge had in January 2024 rescinded Elon Musk’s pay.
Musk’s post about my Al Jazeera column on whiteness drew millions of views—and an unlikely conversation with his AI.
The electric carmaker’s new model comes as part of efforts to address slumping sales.
The US nonprofit faces backlash after its online database on extremism included slain right-wing figure Charlie Kirk.
Musk, considered the world’s richest man, had argued his ‘incredibly busy’ schedule made attending the DC case a burden.
Analysts expect sales by the electric automaker to slump in the months ahead.
One calendar entry, dated December 6, 2014, reads: ‘Reminder: Elon Musk to island Dec. 6 (is this still happening?)’.
Tesla’s latest settlement comes at a time when it has bet its future growth on the sales of Robotaxis and robots.