Tesla Motors, Inc. (NASDAQ:TSLA), Dogecoin – US Dollar (CRYPTO:$DOGE) – Elon Musk tweets long-term investment advice, but followers question his Tesla stock sale

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In the early hours of Sunday, Tesla Inc. (NASDAQ: TSLA) CEO, Elon Musk took to Twitter to share some of his investing tips.

He advised his followers to buy stocks in companies that make products and services they believe in as part of a long-term strategy.

People started responding to his tweet. Here is what one of his followers said:

Last week, Musk sold 9.6 million Tesla shares, valued at $8.5 billion, and he wrote on Twitter that “no further TSLA sales are expected after today.”

Also Read: Here’s Why AOC Deletes Their Tweet After Musk Told Them ‘Stop Hitting Me’

Shares of Tesla, which have plunged 20% in the past month. Musk’s stock sale comes as part of his $44 billion takeover bid for Twitter.

Musk has already secured $25.5 billion in fully committed debt, including $12.5 billion in loans against his Tesla Stock.

On Twitter, people started comparing his decision to sell Tesla stock and how he advises on managing his stock portfolio.

Here’s how another user reacted.

One of his disciples asked him his opinion on Dogecoin (CRYPTO: DOGE) as well.

Musk has yet to respond with his investment outlook for DOGE. The crypto is trading at $0.1316, down 1.75% in the past 24 hours.

Also Read: Facebook Whistleblower Optimistic About Musk’s Twitter Move, Says He Can Take Feedback Better Than Zuckerberg

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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