Elon Musk thinks investors should pay less attention to his tweets
Elon Musk doesn't think his tweets have the power to move markets.![]()
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In an interview on Monday, Musk discussed his $Twitter (Delisted)(TWTR.US$ habit, a pastime that makes him easily the most famous CEO on the planet and probably the most adored and most criticized in equal measure.
Markets move themselves all the time, based on nothing as far as I can tell. So the statements that I make, are they materially different from random movements of the stock that might happen anyway? I don't think so.
—— Musk told Time.
—— Musk told Time.
In 2018, Musk faced the ire of the SEC over a tweet claiming he had "funding secured" to take Tesla private at $420 per share — the share price being a drug reference and a joke to impress his then-girlfriend, Grimes. The tweet sent Tesla's share price skyrocketing 14%.
In 2020, Musk tweeted that he thought Tesla's stock price was "too high," shares of the automaker dropped by about 9%.
Last month, Tesla shares dipped after Musk tweeted that the company hadn't yet signed a deal with Hertz, despite the car-rental firm announcing it had ordered 100,000 Tesla Model 3 sedans, the largest-ever electric vehicle purchase.
Also last month, Tesla dropped 7% after Musk asked his Twitter followers whether he should sell 10% of his Tesla stock — 3.5 million people voted in the poll in 24 hours.
Source: businessinsider
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Sdchargers : What
green x win : like a chick running naked telling people not to stare
搞经济 抄底 加仓 : He should go for the president election
101754615 green x win:
CitadelAir : Love how Elon pisses on his investors and convinces them it’s rain
Mrrichierich : They shouldn’t and cracks me up when people over react on everything!!!
THEWIZARD green x win:
THEWIZARD CitadelAir:
THEWIZARD Mrrichierich:
Mrrichierich : Lol ikr! I was up almost 2 grand on a Debit spread till the fkstick decides to sell 100’s of millions in stock and announce it to the world! Unfortunately I run a crane and was at work so didn’t get the memo till after work but by then that 2k dropped itself off in the local porta potty!! Smh!