In the early hours of Sunday, Tesla Inc 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."
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 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.
Comments