Elon Musk Cuts Price Of 7-Bedroom California Home To…

Elon Musk reduced the offer price on the California mansion he’s selling as the world’s richest person cuts ties with the state.

The Tesla Inc. chief executive officer’s 16,000-square-foot Bay Area house was offered for $31.99 million, down about $5.5 million from a prior listing, according to a real estate posting on Zillow.

Musk – who has a net worth of more than $225 billion, according to the Bloomberg Billionaires Index – tweeted in June that he’s decided to sell the last of the homes he owns, more than a year after he announced plans to get rid of most of his possessions as a way to blunt criticism of his wealth.