Elon Musk has no experience in government and lacks knowledge of our history. Yet his wealth apparently qualifies him to use chainsaw on institutions.

New Delaware Governor Matt Meyer joined CNBC's 'Squawk Box' to discuss efforts to keep the tiny state as a haven for corporate headquarters, particularly a battle with Elon Musk. "We have 2.2 million entities today from around the world registered in Delaware,

Monday, the chainsaw met his net worth, and when it was through slicing away through the stock market’s ugly fall … well, let’s be real, Elon still isn’t hurting. That said, he did lose an incredible amount of money, according to multiple reports.