
Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk posted in a thread on Twitter (NYSE:TWTR) in March, after inflation hit a 40-year high for the first time this year, advising followers to own “physical things” when inflation is high.
In the tweet, Musk said “As a general principle, for those looking for advice from this thread, it is generally better to own physical things like a home or stock in companies you think make good products, than dollars when inflation is high.