Elon Musk: Ditch dollar, buy stocks — but I'm not selling my bitcoin

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ElonMusk thinks it is better to own assets like a 'home or stock in companies than dollars' when inflation is high.

While metals have not been the target of western sanctions as yet, some shippers and auto-parts suppliers are steering clear of Russian goods, putting more pressure on automakers already reeling from a chip shortage and higher energy prices.Musk also seemed to challenge Russian president Vladimir Putin to a fight for Ukraine on Twitter.

"I hereby challenge Vladimir Putin to single combat," he tweeted, using the Russian alphabet to write Putin’s name, adding "stakes are Ukraine", he said, writing the country's name in its own language.Musk then posted a whole message in Russian in a follow-up tweet. "Do you agree to this fight?," he wrote, tagging the Kremlin’s official English language Twitter account.

 

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Musk says Tesla, SpaceX see significant inflation risks:Tesla Inc Chief Executive Officer Elon Musk said on Sunday the U.S. electric carmaker and his rocket company SpaceX are facing significant inflationary pressure in raw materials and logistics.Musk in a tweet also asked about inflation rate outlook and said his companies 'are not alone', retweeting an article
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Musk says Tesla, SpaceX facing significant inflation pressureTesla Chief Executive Officer Elon Musk said on Sunday the electric carmaker and the rocket company SpaceX are facing significant inflation pressure in raw materials and logistics. (Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editing by Rashmi Aich)
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Musk says Tesla, SpaceX facing significant inflation risks:Tesla Inc Chief Executive Officer Elon Musk said on Sunday the U.S. electric carmaker and his rocket company SpaceX are facing significant inflationary pressures in raw materials and logistics.Musk in a tweet also asked about inflation rate outlook and said his companies 'are not alone', retweeting an articl Aren't we all. This is because he decides to take a side in the war. Business and politics just don't mix. I pray for both sides to end this conflict as soon as possible. Peace all.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »