Elon Musk was tough on the Fed: It was stupid
Elon Musk, the owner of Tesla, Space X and X, also reacted to the Fed's fact to cut interest rates. Musk tweeted yesterday, “The Fed needs to lower interest rates. It was stupid that they didn't do that until now," he said. Musk also said in another tweet that he wanted to come to Istanbul.
Elon Musk, one of the most successful and rich people in the world, was also added to those who reacted on the grounds that he did not lower interest rates to the US Federal Reserve (Fed). Musk wrote an account, “Warren Buffet is currently sitting on $277 billion in cash. It can get immediately from big shares," he replied to his tweet.
'It was stupid that they didn't download'
Responding to the tweet, Musk said, "Buffet is clearly waiting for a correction move. Or he doesn't think it's a better investment than bonds. The Fed has to lower interest rates. It was stupid that they didn't do that until today," he said.
