12-03-2021, 05:30 PM
Ok I'm just a simpleton but is Elon Musk legally manipulating the stock market using social media/his extreme wealth?
It seems that he can use his celebrity to drive stock prices up/down and use his ability to buy/sell massive amounts to also drive prices up/down. I felt with dogecoin that he absolutely used his celebrity to boost the value.
I also feel that he may be doing this with tesla as well(granted... I'm an idiot...). But him selling off massive amounts of tesla stock, making decisions for the company causing the stock prices to fall, and then repurchasing his stock seems very manipulative(I don't think he has purchased any since he sold recently, but I'm waiting for it to happen).
It seems that he can use his celebrity to drive stock prices up/down and use his ability to buy/sell massive amounts to also drive prices up/down. I felt with dogecoin that he absolutely used his celebrity to boost the value.
I also feel that he may be doing this with tesla as well(granted... I'm an idiot...). But him selling off massive amounts of tesla stock, making decisions for the company causing the stock prices to fall, and then repurchasing his stock seems very manipulative(I don't think he has purchased any since he sold recently, but I'm waiting for it to happen).
TinStar
96 99 44 4 33
96 99 44 4 33