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+2 votes
in Economics by ASKY Obsessed (14.1k points) 7 50 97

Why Elon Musk's games are ruining the markets?

Once again, Musk created a shock to the stock market after he tweeted whether to sell shares to Tesla. The sale of 6.36 million shares of his company immediately led to a decline in shares of Tesla, and according to some analysts, he lost 50 billion of his fortune.
According to others, this is a cunning move on his part, aimed at reducing tax payments.

I wonder to what extent Musk's actions affect other investors and markets?

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