Finance

January 1, Elon Musk Offers Investment Advice

Published

3 years ago

May 9, 2022

Tesla CEO Elon Musk, the richest person on Earth, recently took to Twitter to offer some investment advice.

“Since I’ve been asked a lot: Buy stock in several companies that make products & services that you believe in,” Musk wrote.

“Only sell if you think their products and services are trending worse,” he added.

“Don’t panic when the market does.”

Since I’ve been asked a lot:

Buy stock in several companies that make products & services that *you* believe in.

Only sell if you think their products & services are trending worse. Don’t panic when the market does.

This will serve you well in the long-term.
— Elon Musk (@elonmusk) May 1, 2022

Musk also shared some financial advice in March.

“As a general principle, […] it is generally better to own physical things like a home or stock in companies you think make good products [rather] than dollars when inflation is high,” he wrote.

As a general principle, for those looking for advice from this thread, it is generally better to own physical things like a home or stock in companies you think make good products, than dollars when inflation is high.

I still own & won’t sell my Bitcoin, Ethereum or Doge fwiw.
— Elon Musk (@elonmusk) March 14, 2022