12-05-2021, 11:25 AM
(12-05-2021, 10:59 AM)TinStar Wrote:(12-04-2021, 11:20 PM)Zouji Wrote: Elon Musk has been driving his companies stock prices up or down with comments for years. The guy is incapable of shutting his mouth or not commenting on social media. It is part and parcel of what makes him famous/infamous.
Do you think it's all just random chance, or do you think he does it with a purpose?
My take is that he has a plan and that is part of his plan. I don't think he's a bad person, I actually think he's a really good person when it comes to wanting what's best for people. But I do think he's purposefully manipulating the stock market using his celebrity, which I think is problematic(granted, maybe the stock market is the problem? )
Considering there are business people that go onto CNBC or Bloomberg and do similar things, I think he just plays the same game but on twitter. This was pretty obvious during the entire GameStop/WallStreetbets issue.