Bitcoin Forum

Elon Musk's tweet wipes $14bn of Tesla's value.

https://i.imgur.com/QM1SNhl.png


Many people think he will face issues with SEC again. I tell you this is not going to happen.
Zoom's CEO said that Zoom's stock was overpriced when Zoom went public and he is fine, never had a problem.

Chances are that if you have tesla stock (no leverage) you will still recover and make a profit.

It's definitely not the first time that Elon Tweeted something that could potentially get him in trouble. I like Elon, but damn he should probably think twice when Tweeting.
https://i.imgur.com/qyavuw8.png

Taking a look at his recent Tweet history though, it definitely looks like he's drunk or high as hell. People are actually speculating if his account has been hacked, which I doubt.

Got a source? Couldn't find a single article about it with a minute of Googling.

Elan Musk give bigger announcement in his twitter account about how interested with bitcoin and try to make bitcoin become legal payment transaction in the future, many public figure try to promote bitcoin and give best way how to invest and worth with cryptocurrency.

No he didn't. Stop lying. His Bitcoin tweets are pretty much just memes. Unless you have any proof?

https://twitter.com/elonmusk/status/1256353943765921792
https://twitter.com/elonmusk/status/1256351293007736832
https://twitter.com/elonmusk/status/1215526980449255424
https://twitter.com/elonmusk/status/1054520588734058496

https://www.bloomberg.com/news/articles/2019-04-18/zoom-video-soars-to-16-billion-valuation-in-u-s-trading-debut
https://techcrunch.com/2019/04/20/startups-weekly-the-ceo-of-zoom-thinks-its-stock-price-is-too-high/

This is not the first time Elon Musk is creating controversy with a few words, he is having fun but if these fun could wipe away $14 billions then it is pretty serious business and he already got a warning from the regulators back in 2018 and got a fine of $20 million with similar antics and he assured that all of his future tweets will be screened by lawyers before posting. May be the pandemic has got the better of him, who knows what his mental status and this was his recent tweet I am selling almost all physical possessions. Will own no house. ::).

Elon Musk past statement in August 2018 led to him resigning as Chairman of the Tesla Board of Directors and paying a $20 million fine. This time, his statement will also be noticed by the SEC. We see that Musk long tongue only brings him new problems.

Wwll, for many prominent public persons Bitcoin is.just another way of selfpromotion, they don't really care about Bitcoin and its promotion, this is.just another way for them to get public attention.
Elon Musk achieved a lot and he is good in many things but I don't think that Bitcoin is one of them.

Yes, i thought so. Literally in every telegram channel/group you can see the screenshot about Elon Musk bitcoin giveaway. People are continuously spamming his post. I mean i've no problem with this person i really love his work but why he is doing this kinda hype. ???

In fact, it wasn't Elon Musk's fault, he didn't take part in the sell-off this time, and had no conditions to accuse him. but it seems Elon Musk likes to feel that investors obey his power. maybe this is a test of his community strength and later he will do other things with the value of the company. he's definitely up to something in the future so he just posted a silly tweet like that.

I think this is his manipulation. He seemed to sense that the stock market would recover strongly and he posted such tweets so that investors sold off and he bought the stock at a cheaper price. This conspiracy theory that some forums are talking about this incident, I find it quite reasonable. It seems Elon is quite focused on shattering public opinion and the financial market! he's going over the limit and doesn't focus on developing the business to the best. Do you think so ?