Elon Musk has fired back at renowned bond investor Bill Gross for his recent comments on Tesla Inc. (NASDAQ:TSLA) stock, suggesting that Gross lacks an understanding of technology.
What Happened: Musk’s response came in the wake of a post by Tesla investor Sawyer Merritt on social media platform X, who shared Gross’ views on Tesla’s stock.
Merritt quoted Gross as saying, “Tesla acting like a meme stock — sagging fundamentals, straight up price action; But then there seems to be a new meme stock every other day now. Most are pump and dump.”
Musk, in his reply, dismissed Gross’ comments, saying, “Bill Gross is used to making investment decisions by looking in the rear-view mirror, which is fine for bonds, but he does not understand technology, as that requires looking through …
Full story available on Benzinga.com
Elon Musk has fired back at renowned bond investor Bill Gross for his recent comments on Tesla Inc. (NASDAQ:TSLA) stock, suggesting that Gross lacks an understanding of technology.
What Happened: Musk’s response came in the wake of a post by Tesla investor Sawyer Merritt on social media platform X, who shared Gross’ views on Tesla’s stock.
Merritt quoted Gross as saying, “Tesla acting like a meme stock — sagging fundamentals, straight up price action; But then there seems to be a new meme stock every other day now. Most are pump and dump.”
Musk, in his reply, dismissed Gross’ comments, saying, “Bill Gross is used to making investment decisions by looking in the rear-view mirror, which is fine for bonds, but he does not understand technology, as that requires looking through …
Full story available on Benzinga.com
Elon Musk has fired back at renowned bond investor Bill Gross for his recent comments on Tesla Inc. (NASDAQ:TSLA) stock, suggesting that Gross lacks an understanding of technology.
What Happened: Musk’s response came in the wake of a post by Tesla investor Sawyer Merritt on social media platform X, who shared Gross’ views on Tesla’s stock.
Merritt quoted Gross as saying, “Tesla acting like a meme stock — sagging fundamentals, straight up price action; But then there seems to be a new meme stock every other day now. Most are pump and dump.”
Musk, in his reply, dismissed Gross’ comments, saying, “Bill Gross is used to making investment decisions by looking in the rear-view mirror, which is fine for bonds, but he does not understand technology, as that requires looking through …Full story available on Benzinga.com Read MoreBill Gross, electric vehicles, Elon Musk, Equities, EVs, Kaustubh Bagalkote, mobility, News, Sawyer Merritt, TSLA, Markets, TSLA, US88160R1014, News, Equities, Markets, Benzinga Markets
