Elon Musk Response to Charlie Munger’s Bitcoin Criticism

Elon Musk Isn't Tweeting About His $5.7 Billion Donation

Elon Musk gifted almost $6 billion worth of $Tesla Motors(TSLA)$ stock to charity late last year.

The world’s richest man donated more than 5 million shares in the electric-car maker from Nov. 19 to Nov. 29, according to a filing with the Securities and Exchange Commission. The gift was worth about $5.7 billion, based on average prices the days he sold the securities. The filing doesn’t name the charity and shows an unidentified trust was involved in the transaction.

UN to Elon Musk: We Need You to Fight World Hunger

The reason for this billion-dollar donation may also be related to the online battle between the United Nations Food Programme (WFP) administrator and Musk in November last year. 

On October 19, 2021, Bloomberg released the Billionaires Index, and Musk topped the list with a staggering $241.4 billion. And David Beasley, the administrator of the United Nations Food Program, who has been calling on billionaires to donate to the food crisis, couldn't sit still and publicly tweeted to Musk:

However, a comment pointed out: "WFP clearly raised 8.4 billion in 2020. Dollar, why not 'solve world hunger?"

Thinking that this statement makes sense, Musk replied with this tweet:

Today, Musk was responding to a retweet about Munger's comments in which he likened cryptocurrency to "venereal disease."

In response, Musk — a crypto supporter— tweeted an anecdote.

Back to Cryptocurrency

2021 saw the crypto markets boom and gain broader acceptance, with different cryptocurrencies flourishing and largely outperforming the market leader, bitcoin.

While bitcoin only managed to return 59.8% last year, the crypto sector’s total market cap grew by 187.5%, with many of the top coins offering four and even five-digit percentage returns.

SHARE YOUR THOUGHTS

Are you an Elon Musk fan? Why or Why not?

You may be rewarded with Tiger Coins for sharing your thoughts in the comment💸💸💸

Follow me! Don't forget I am the richest tiger in this community😎😎

Related Video:

Charlie Munger Daily Journal Annual Meeting

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
  • koolgal
    ·2022-02-18

    Elon Musk is possibly one of the most influential men to shape this century next to Steve Jobs.  He has singlehandedly pivot Tesla and Space X to fame and glory.  He has shown his critics and naysayers that if you believe in your dream, you can overcome whatever obstacles in your way, to make that special dream a reality!

    I am inspired by his vision, determination and sheer hardwork!  So yes, I am absolutely a fan of Elon Musk for his great achievements. 

    There can only be One Elon Musk and his name will go down in the history books as the Man who started the EV Revolution! 

    @MillionaireTiger  Elon Musk

    @TigerStars  

    Reply
    Report
    Fold Replies
    • koolgalReplying toCatherineGunter
      I fully agree. He is indeed a good guy with a Big Heart!
      2022-02-18
      Reply
      Report
    • koolgalReplying tob1uesky
      Thanks
      2022-02-18
      Reply
      Report
    • b1uesky
      like
      2022-02-18
      Reply
      Report
    View more 35 comments
  • MillionaireTiger
    ·2022-03-03
    Congrats to Tigers! Your comments are rewarded by 50 Tiger Coins! Check your account on [Me] - [Tiger coins] - (Upper Right Corner). Please feel free to contact me if you have any questions! @Dave Fu @NBCNBC @setia100 @Kaixiang @HH浩 @5277f742 @DiAngel @SPOT_ON @Avik @OlafPikachu @SilentInvst1 @Joker_Smile @koolgal @valerie6888 @Big Cat @Xavib @bernardtayet @pekss @noob80 @JunioR
    Reply
    Report
    Fold Replies
    • Boo2020
      Thank you 🐯🐅 [love you]
      2022-03-03
      Reply
      Report
    • SPOT_ON
      thanks... every coin counts!!

      ❤ 😍 💖 ❣ 💕 💘

      2022-03-03
      Reply
      Report
    • MillionaireTiger
      @Wayneqq @surfer guy @DinoLim @SirBahamut @Falafulu @Boo2020 @Stingaling @kc0001 @muiee
      2022-03-03
      Reply
      Report
  • koolgal
    ·2022-02-21

    It must be one of the greatest mysteries who is the beneficiary of the massive 6 Billion dollars.  But the bottom line is it simply shows the generosity and kindness of Elon Musk. 

    Elon Musk is the genius who started the EV revolution!  He did this single handedly by sheer persistence, hardwork and determination.  He dared to dream and he made his dream a reality. 

    I am certainly a Fan of Elon Musk!

    @MillionaireTiger   Elon Musk 

    Reply
    Report
    Fold Replies
    • yeetmin76
      Thanks for sharing
      2022-02-22
      Reply
      Report
    • koolgalReplying toyeetmin76
      My pleasure
      2022-02-22
      Reply
      Report
    • koolgalReplying toskyel
      Yes he certainly will.
      2022-02-22
      Reply
      Report
    View more 4 comments
  • surfer guy
    ·2022-02-18

    Love ‌[爱心] ‌ him or loathe ‌[弱] ‌ him one may choose. I would rather choose to just profit from both Elon Musk’s Entrepreneurial Multi-talented side and his Eccentricity and Moments of ‘Madness’ ‌‌[财迷] 

    Reply
    Report
  • OlafPikachu
    ·2022-02-18
    Legacy ICE OEMs: Lets spend millions on ads during super bowl for EVs we dont rly mass produce yet.
    Elon: Spend 0$ ad on Tesla and quietly donates $5.5B to charity. :) All u need to know on Elon~
    Reply
    Report
  • breAkdaWn
    ·2022-02-18

    when you give to the needy, do not let your left hand know what your right hand is doing, true charity! these guys who talk about world hunger, STOP wasting food! 

    Reply
    Report
  • koolgal
    ·2022-03-03

    A Big Thank You to @MillionaireTiger  for your wonderful Tiger Coins which is greatly appreciated.  Congratulations to all My Dear Tiger Friends too who have also won the Tiger Coins. This event is a lovely tribute to Elon Musk and Charlie Munger who have set the world on fire with their very different talents. 🎉🎊🎉

    Reply
    Report
  • Mrzorro
    ·2022-02-17
    For sure elon musk fan! This guy is genius! When everyonr think this guy is crazy and will fail...he keep going with his project even though many time fail but he still keep trying! Never give up!
    Reply
    Report
  • ToughCoyote
    ·2022-02-18
    Love him or hate him but there is little double about ELON’s entrepreneur prowess which inspire many people while allowing many of us to profit from his venture in stock market
    Reply
    Report
  • Blake316
    ·2022-02-17
    I dont like or hate him, but would agree that he is influential. Words out, and the market goes up or down like magic.
    Reply
    Report
  • hd87
    ·2022-02-17
    I am not a fan of Elon Musk. However, I do not dislike him either. Nevertheless, there are certain good traits that I can learn from him such as  his determination & perseverance.
    Reply
    Report
  • kc0001
    ·2022-02-27
    Elon has vision, guts and actions. Unlike other billionaires. Solve Malaria problem? Divorced. World biggest bookstore? Divorced. Another, living frugally to 91, what did he do for the world?
    Reply
    Report
    Fold Replies
    • StaQ
      you do know Elon had multiple marriages as well right?
      2022-03-02
      Reply
      Report
  • gwht36
    ·2022-02-19
    A benevolent and generous person, kudos to Musk for donating satellite gears to reconnect Tonga with the world.
    Reply
    Report
    Fold Replies
  • Netfalcon
    ·2022-02-18
    Human tendency to either idolize or demonize other quite normal - and as such faulty - humans, is frustrating.
    Reply
    Report
  • Stingaling
    ·2022-02-18
    Elon Musk has built a celebrity status. While much of the older generation admires Warren Buffet, many of thr younger generation follows Elon Musk. Any comments that he makes will move markets. A fan
    Reply
    Report
  • Ultrahisham
    ·2022-02-18
    Fan or not, Musk is a trend setter and revolutionist. Not scared of naysayers, he goes about what he does best. Making them eat their own words!
    Reply
    Report
  • Trader14
    ·2022-02-20
    Not his fan. Because, he speculate cypto market by influencing many traders to buy crypto via his tweet. We can see that many traders risking all what they have in hope to be like early crypto holder.
    Reply
    Report
    Fold Replies
    • Trader14
      This is just my opinion ✌🏻. But on the bright side, he inspire me to not giving up on what we want.
      2022-02-20
      Reply
      Report
  • Tilon_Song
    ·2022-02-19
    Both side are correct, just that it depends on which angle you're looking at it.
    Reply
    Report
    Fold Replies
    • S071
      yes
      2022-02-20
      Reply
      Report
  • OnionT
    ·2022-02-18
    Definitely a fan of Elon the visionary. But always practise cautioun to nt be blind in admiration. Take what is good and seperate from the bad
    Reply
    Report
  • Falali88
    ·2022-02-18
    Its definitely a smart move by Elon and great for both cryopt and Tesla
    Reply
    Report