Elon Musk Is Regretting This
Elon musk recently acquired the social network Twitter for a whopping $44 billion.
The CEO of Tesla (TSLA) - Get Free Report, SpaceX and Twitter rarely admits a mea culpa.
In a recent example, Musk retweeted an article from the Santa Monica Observer
In which a violent attack on Paul Pelosi, husband of House Speaker Nancy Pelosi, was attributed to a conspiracy theory.
The Santa Monica Observer has been known to publish false information on several occasion
Including the story of Hillary Clinton passing away and Donald Trump being sent to debate in one of the 2016 presidential debates.
Musk deleted the tweet but never publicly apologized.
He's sure of his influence and his power. The richest man in the world and boss of a multitude of companies never retreats even when he has made a mistake.
It is often the opposite. Musk likes to counter attack. He has followed this strategy since he took control of Twitter, the town square of our time.
Musk therefore seems to advise against taking a margin loan during such periods. In doing so, he seems to be expressing his regret for doing it himself.