Elon Musk is one of the most popular entrepreneurs in the world. He is a talented engineer who has earned billions of dollars in advanced technology. The whole world is watching his statements, because one post on Twitter can make significant adjustments to the direction of courses. Today we will consider the loudest statements of a businessman, we will determine their impact on world markets. The reader will get acquainted with the innovations that were developed under the guidance of a talented manager.
Elon Musk and high-tech developments
The entrepreneur has become widely known thanks to innovative technologies. The official Twitter page regularly publishes news related to high-tech developments. In recent months, several events have occurred that are closely related to the innovative solutions and the figure of Elon Musk:
- The famous entrepreneur showed giant spaceships that will be launched in July 2022. The founder of SpaceX and Tesla has already published photos of Starship SN24, which is due to go into orbit this summer. At the moment, the company is trying to meet the requirements for environmental impact. Elon said that in the near future his spaceships will be fully ready to fly. These developments have recently completed several successful trials. After they were returned to the assembly shops for revision.
- Tesla’s profitable factory gave the former GDR great publicity. This part of Germany has long suffered from labor exodus and deindustrialization. Elon Musk decided to take advantage of the rich potential of Europe and founded an enterprise in East Germany. His decision became a powerful impetus for other companies. Noticing the successful experience of a high-tech firm, other enterprises decided to establish their own factories near Berlin.
- Musk plans to expand the tunnels under Las Vegas. Roads will be used for electric vehicles, ensuring fast and unhindered travel. Against the background of this news, the US stock market moved into a phase of growth. The Dow Jones industrial figure gained several percentage points due to the popularization of individual firms.
This and other news had a strong impact on global markets. It is no secret that the words of Elon Musk can lead to significant changes in the stock exchanges. The plans of an entrepreneur are monitored by many investors, because the quotes of individual stocks and entire indices depend on them.
Elon Musk’s statements and forecasts
A modern stock player should watch not only the actions, but also the words of a successful entrepreneur. Each of his statements can have a significant impact on the quotes of SpaceX, Tesla and other high-tech companies. We have selected the latest messages that Elon left on his social networks:
- A popular businessman predicts the bankruptcy of competitors. Elon recently said that electric car businesses will fail. He believes that competing companies are on the way to bankruptcy. If nothing changes, then Rivian and Lucid will lose their positions in the world market. According to Musk, these corporations have a chance to survive. To remedy this situation, they need to drastically reduce operating costs.
- The founder of Tesla said that his company has gone through an extremely difficult period. Elon believes that the company really creates great products that people love. Despite the economic hardship, the boss urged employees to “rally together to recover.” He sent out emails in which he explained the meaning of the products he was creating. The developer has been known to communicate frequently with his employees, lifting their spirits at the end of the quarter.
- Musk met with the Twitter team. Recall that the billionaire planned to buy out the social network back in April, but only now found the time to get to know the brand’s employees. Fake accounts were the only barrier to buying Twitter. Elon urged to clarify the situation, to provide the requested data. The company is in no hurry to comply with the requirements. The reaction of the staff was mixed. Some professionals want to quit due to a change in ownership.
Given the latest news, an investor can make a highly accurate forecast for some stocks. He has access to important fundamental data, on the basis of which he builds an assumption about the growth or fall of rates. In addition to the latest statements by Elon Musk, there are other factors to consider, but these news reports can be used as a basis for analysis.