How do Musk and Buffett Invest During High Inflation Period?
What Musk says on how to invest during a high inflation period: The second half of his tweet lines up with investing advice Buffett, CEO of Berkshire Hathaway, hasgiven in the past. Back in 2009, at the tail end of the Great Recession, Buffett said at Berkshire Hathaway’sannual shareholder’s meeting that one of the best ways to protect against inflation is to own a part of “a wonderful business.” That’s because no matter what happens with the value of the dollar, the business’ product will still be in demand. The higher the inflation rate, the more quickly cash loses value. Investments, on the other hand, generally grow over time. That’s why during periods of high inflation, Musk and Buffett both recommend investing in strong
Lucid Motors, known as the Ferrari of the electric vehicle, said on Thursday that the Dream Edition Range version of its luxuryelectric car Lucid Air has been recognized by the U.S. Environmental Protection Agency as the longest range electric car so far. It can travel 520 miles（836 kilometers) when fully charged. Lucid Group, Inc. is an American electric car manufacturer headquartered in Newark, California. Lucid's other divisions include energy storage and original equipment manufacturing. Driven by this news, Lucid's stock price rose 6.33% on Thursday to close at $21.17. As of now, the comparison between Tesla and Lucid stock prices is as follows: Would you hurry to get Lucid now? Maybe it will become the next Tesla. As for price, Lucid Air's Dream Edition version far exceeds Tesl