Elon Musk Says He’s Not Selling Bitcoin Amid High Inflation
Elon Musk tweeted “I still own & won’t sell my Bitcoin,” in response to CEO Micheal Saylor, discussing the collapse of weaker currency.Elon Musk, Technoking of Tesla, says “I still own & won’t sell my Bitcoin” as a signal for the holding of assets in times of high inflation. Micheal Saylor, CEO of MicroStrategy states that “weaker currencies will collapse,” in reference to high levels of inflation. Musk also said “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.”In a recent tweet ,Elon Musk,....
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Tesla and Spacex CEO Elon Musk has revealed that his two companies are seeing significant inflation pressure in raw materials and logistics. He advised people to own physical things when inflation is high but stressed he will not sell his cryptocurrencies: bitcoin, ether, and dogecoin.
Elon Musk Discusses High Inflation
The CEO of Tesla and Spacex, Elon Musk, discussed high inflation in a series of tweets that started Sunday evening. He began by asking his 7.7 million Twitter followers, “What are your thoughts about probable inflation rate over next few years?”....
Dogecoin has been on a recovery trend lately. This is attributed to recent comments from Elon Musk, the ‘Dogefather’, that has seen prices spike. Musk who has been a vocal supporter of the meme coin is one of the major reasons behind the popularity and success the cryptocurrency enjoyed last year. Now, once again, the billionaire is also behind the recent spike in the price of the digital asset. Dogecoin Jumps 10% Elon Musk recently talked about inflation and naturally, as expected with the SpaceX CEO, the discussion had pivoted to cryptocurrencies. The billionaire had shared some insights....
Telsa’s new Technoking, Elon Musk, said that he is selling a song about NFTs as a non-fungible token (NFT). Many people have expressed their interest in buying it on social media. Artist Beeple made him an offer for $69 million and bids for his tweet on Valuables are up to $1.121 million. Elon Musk Selling an NFT Elon Musk, the new Technoking of Tesla, announced via Twitter Monday that he is selling a song about NFTs as an NFT. At the time of writing, his tweet has garnered 42.7K comments and has been liked 176.2K times. His 2:20-minute-long video has been viewed more than 8.5....
Tesla and Spacex CEO Elon Musk says that the U.S. economy is probably in a recession and it could be “tough going” for 12 to 18 months. He added: “The honest reason for inflation is that the government printed a zillion more money than it had.”
Elon Musk on U.S. Recession and Inflation
Elon Musk, the CEO of Tesla and Spacex, talked about the U.S. economy on the All-In podcast, published Monday.
Commenting on whether the U.S. economy is in a recession, Musk said:
We probably are in a recession and that recession will get worse but these....
Tesla CEO Elon Musk believes inflation has peaked and the U.S. economy will be in a recession for about 18 months. “We do get a fair bit of insight into where prices of things are going over time,” the billionaire explained, noting that “inflation is going to drop rapidly.”
Elon Musk Explains Why He Thinks Inflation Has Peaked and Recession Will Last 18 Months
Tesla and Spacex CEO Elon Musk shared his view on the U.S. economy, inflation, and recession during Tesla’s 2022 annual meeting of stockholders Thursday.
Replying to a....