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Tesla investors are pleading with Elon Musk to keep quiet on Twitter

'I have lost 30 years of my life savings all in Tesla thanks to your tweets. Please stop.'

 

Josh Katzowitz

Tech

Published Oct 6, 2018   Updated May 21, 2021, 4:49 am CDT

Elon Musk has gone from national hero to somebody who can’t stop getting himself into trouble. Now, people on the internet are pleading with him to stop tweeting, because every time he does, they apparently lose more money.

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That’s what Twitter user @isaiah_kb discovered, especially after Musk tweeted this on Thursday, referring to the Securities and Exchange Commission (SEC) as the Shortseller Enrichment Commission.

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That’s when the apparently huge Tesla investors spoke up.

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The last few months certainly have not been kind to Musk.

He’s facing a libel lawsuit for calling one of the Thailand cave rescuers a “pedo.” He’d gone back and forth about whether he should take his company private after a couple weeks of panic from his investors. The SEC began looking into the company after he posted a 420 tweet, because the commission said he was trying to mislead his investors. Meanwhile, the Russians are trolling him, and he smoked weed on Joe Rogan’s podcast to further freak out his supporters.

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Perhaps most frightening of all, one Tesla staffer said the company was chaotic. “Elon talks about being a socialist and doing good for mankind—unless you work for them,” a source told the New York Post. “It’s a shit show.”

People also haven’t been impressed by the actions of Musk—who, in his settlement with the SEC, said he’d step down as Tesla’s chairman of the board and pay a $20 million fine.

Tesla stocks have seen dramatic fluctuations over the past year, ranging between $244.59 and $387.46 per share. Tesla stocks are currently at $261.95 per share.

But for those investors who are pleading with Musk to stop tweeting so much, other Twitter users said they should think about switching up their investment strategies.

https://twitter.com/420Maham/status/1047991143391064065

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https://twitter.com/SirMuttley/status/1048193033940783105

While Musk was mostly silent toward those asking him to stop tweeting, he did respond to one Twitter user who said it seemed like Musk was actually working against Tesla’s long-term investors.

“Hang in there,” Musk tweeted. “If you are truly long-term, it will be fine.”

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H/T @isaiah_kb/Twitter

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*First Published: Oct 6, 2018, 10:49 am CDT