Investment Tips: Tesla CEO Elon Musk offers tips to his followers; this is what he said

Tesla's Chief Executive Officer (CEO) Elon Musk has offered some investment tips to his followers on Twitter. is The world's richest person, in a tweet posted on May 1, offered some investment tips to his nearly 90 million followers. According to Elon Musk, they should invest in companies that make products and services they believe in.

What is the best time to sell? According to Musk, only if they believe the products of businesses, they have invested in are trending worse. "Don't panic when the market does," he added. Musk told his followers that these tips would help them long term.

Elon Musk recently sold roughly $8.4 billion worth of Tesla shares in the days following his bid to take Twitter private, according to filings with the Securities and Exchange Commission.
Last week, Elon Musk, CEO of Tesla and SpaceX, made the biggest news by announcing he was getting $44 billion for Twitter. The announcement deeply divided the world. Several social media users appeared satisfied with Musk's statement that he wanted to make Twitter a haven for free speech, while others expressed concerns about how changes to the social network's rules will affect online safety for marginalized groups.

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

Twitter's founders, too, have had divergent views on the deal. Jack Dorsey has endorsed Musk's takeover, calling him the "singular solution" for the company's problems.

"In principle, I don't believe anyone should own or run Twitter," Dorsey had said after Twitter's big announcement. "It wants to be a public good at a protocol level, not a company. Solving for the problem of it being a company however, Elon is the singular solution I trust. I trust his mission to extend the light of consciousness."