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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