On Thursday, May 7, Elon Musk announced that he decided to sell almost all of his goods. Musk; He is known as the founding partner of PayPal, the founder and CEO of SpaceX, and also the founding partner and CEO of Tesla.

Musk seems to be a fan of cryptocurrencies, and in his past tweets and interviews, he seems to be talking about cryptocurrencies.

In the podcast of ARK Investment Management in Musk February 2019; He said that he had some friends who were really interested in crypto money and that he liked the design and structure of Bitcoin.

In his tweet in April 2019, he probably announced his favorite cryptocurrency as Dogecoin:

Last Friday (May 1), Tesla CEO sent strange tweets – suggesting many people had a Twitter account hacked:

The tweet about Tesla’s stock price caused the stock to drop 10% instantly.

Indeed, 3 days later, it was seen that Elon Musk’s 2 mansions in Los Angeles were on sale.

Then, in a podcast, Musk said he was a little upset that he would sell his assets, including all of his homes. He explained his decision as follows:

“I think the goods are burdening us. They are ready to attack us. They say “Hey billionaire, you have all these things.” Well now I have nothing. What are you going to do now?

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During the interview, Musk criticized Billionaire investor Warren Buffett (Birthshire Hathaway’s President and CEO). He said that Buffett is not “one of his biggest fans,” and what Buffett does is “pretty boring”.

It was reported yesterday that Tesla suddenly suspended production at the Shanghai-China production facility, possibly due to a breakdown of the supply lines caused by the COVID-19 outbreak. Tesla said in his statement; He said that the Shanghai factory is conducting normal maintenance and production line adjustments.

This means that currently none of Tesla’s three factories (in the USA, Mexico and China) are producing cars.


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