Elon Musk Tweets Investment Advice For Long Run, But Followers Question His Sale Of Tesla Stock

Zinger Key Points
  • Elon Musk offers investment advice during market downturn.
  • Followers respond, pointing out that he sold Tesla stock last week.

In the early hours of Sunday, Tesla Inc TSLA CEO, Elon Musk took to Twitter to share some of his investment tips. 

He advised his followers to buy stocks in companies that make products and services they believe in as a long-term strategy.

People started responding to his tweet. Here is what one of his followers said: 

Last week, Musk sold 9.6 million shares of Tesla stock, valued at $8.5 billion, and he wrote on Twitter that "No further TSLA sales planned after today."

Also Read: Here's Why AOC Deletes Her Tweet After Musk Tells Her 'Stop Hitting On Me'

Tesla shares, which have plunged 20% in the past month. Musk's share sale comes amid his bid to buy Twitter for $44 billion. 

Musk has already secured $25.5 billion of fully committed debt, including $12.5 billion in loans against his Tesla stock.  

On Twitter, people started comparing his decision to sell Tesla stocks and how he gives advice on managing his stock portfolio. 

Here is how another user reacted.

One of his follower asked for his advice on Dogecoin DOGE/USD as well. 

Musk has yet to respond with his investment outlook for DOGE. The crypto is trading at $0.1316, down 1.75% in the past 24 hours.

Also Read: Facebook Whistleblower Optimistic About Musk's Twitter Move, Says He Can Take Feedback Better Than Zuckerberg

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