7 Posts of Elon Musk that Turned the Markets Upside Down

7 posts of Elon Musk, World-famous billionaire businessperson that turned the markets upside down were compiled.

Tesla and SpaceX CEO Elon Musk is changing the balance of the markets with his social media posts. Elon Musk, who has not fallen off the agenda especially with his influence on the cryptocurrency market, surprises market players with his unusual initiatives. The last of Musk's posts that marked the market was a survey of Tesla shares. While the result of the survey in question depreciated Tesla shares, it also caused a decrease in the Nasdaq 100 index.

1. "Shall I Sell My Tesla Shares?"

Elon Musk referred to the billionaires tax in his latest post on his Twitter account and said, "I'm proposing to sell 10 percent of Tesla shares while there has been a lot going on lately that unrealized gains are tax evasion. Do you support this?" While the survey was answered by approximately 3 million people, 58 percent of these answers were 'yes'. Referring to the billionaire tax plan proposed by the democrats in the USA, Elon Musk said that he would apply the results of the survey. If the billionaires tax proposed by the Democrats is accepted, Musk, one of the richest people in the world, will struggle with a massive taxation. On the first trading day after the survey, Tesla shares closed with 5 percent depreciation, while the Nasdaq 100 index also decreased due to the decline in Tesla.

2. "We Haven't Signed the Contract Yet..."

Musk's post, which was effective on Tesla shares, was a post regarding Hertz's car rental agreement. Musk tweeted about the announcement that Hertz Global Holding had signed an agreement to buy 100 thousand Tesla last week, and Tesla shares fell by around 3 percent after the tweet. Stating that no contract has been signed with Hertz yet, Musk emphasized that there is more demand for Tesla than supply at the moment. Musk also said that the Hertz deal would have zero impact on the company's economy.

3. 500 Thousand Vehicles Target

In a post he made in February 2019, Musk noted that this would be an expectation that is thought to be reached by the end of 2019, just hours after Tesla said that its annual production will reach 500,000 vehicles.

4. "I'm Thinking of Exiting the Stock Exchange..."

One of Musk's most famous posts in 2018, "I'm thinking of buying Tesla's shares at $ 420 and making it closed to the public." had been shared. After Musk stated that he could buy Tesla's publicly traded shares, the company's shares rose by around 11 percent, and returned all its earnings in the following days.

5. "Excited to Work with Goldman Sachs and Silver Lake..."

While the discussions about the company's going public were ongoing, Musk posted that he was excited to work with Goldman Sachs and Silver Lake for this.

6. Tesla Claims to Go Bankrupt

While Musk announced that the company would go bankrupt with a post he made on April 1, while many news about Tesla's production problems and autonomous vehicle studies, the company's shares dropped by 8.1 percent in a short time.

7. Gamestonk

Finally, in early 2021, Elon Musk made posts that caused the price of Bitcoin, Dogecoin and Shiba to rise and fall very quickly.