Oh, nice! Elon Musk is promoting off one other huge chunk of Tesla shares, which is strictly what all of us wished to listen to. I am positive everyone seems to be completely satisfied that he is making one other enormous revenue whereas the remainder of us are left holding the bag. However at the very least he retains sending out these humorous tweets, proper?
I imply, who wants a profitable enterprise when you may have enjoyable on Twitter? I am positive all of the Tesla shareholders are thrilled that Musk’s private Twitter habits are being paid for by their investments. Even when he wasn’t being sarcastic, it is one other reminder you could’t consider something Musk says, and you need to by no means use his tweets as funding recommendation.
So, when you nonetheless have Tesla shares, simply keep in mind that the market can keep loopy longer than you may keep solvent. Do not let Musk’s methods carry you down. Hold your shares and wait it out. He may tweet one thing that makes the inventory go up once more. Do not depend on it, although.