Here’s a bit of stock advice from the ace stock gambler himself! Buy whatever shares you want to. As much as you want to. Whichever company’s you want to. Don’t panic when the markets do. Sell only when your guts tell you too. Scoobee doobee doo!
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.
Handling a business in itself is a herculean task even with all the money in the world, much less juggling a bunch of ‘em. However for Elon it’s just a side hustle while managing Tesla and SpaceX, on a whim he buys twitter for $44 billions.
On a whim he tweets Tesla stocks be too pricey and it stonks.
Tesla stock price is too high imo.
— unusual_whales (@unusual_whales) May 2, 2022
While some trade pundits discard his moves as flawed, it must be sore eyes to ‘em seeing him ladder up the world’s richest. Of Course SpaceX and Tesla have been revolutionary and despite the wobbly momentum of the stocks, Musk’s ventures continue to grab eyeballs. Dude doesn’t even advertise or PR. All he does is ‘tweet’ the heck out of it.
Before Musk’s takeover Twitter has reported an operating loss of $128 million with net income $513 million of the $1.2 billion revenue in the last quarter. Now all eyes are on the SpaceX sensei to deliver the results that Musk and Dorsey have pitted on the lacklustre performance and incontinence of the current twitter management. Both Parag Agrawal (the current CEO) and Vijaya Gedde (legal head) are cannon balls fodder now for a company that has been marginally doing okay(ish). Will Elon’s takeover transform the bird app? Or is it the next Paypal in the making?
Let’s hold on to his own advice for now.
Meanwhile a tweet from Musk’s mother endorsing his ladalaa is all he would need amid growing criticism and tanking stocks!
1) @elonmusk In South Africa, when you were 14, you asked me to buy stock in a company you really believed in. My stockbroker friend said it’s a bad idea, so I only bought R1000 (similar to $1000 at that time), which is the maximum amount I was willing to lose. https://t.co/6IoAPUphRf
— Maye Musk (@mayemusk) May 1, 2022
Cover Image: Sourced