Elon Musk: “The Fed needs to drop rates”

Elon Musk, owner of Tesla, Space X and X, also reacted to the Fed’s failure to cut interest rates. Musk said in a tweet yesterday, “The Fed needs to drop rates. They have been foolish not to have done so already” he said. Musk also said in another tweet that he wanted to come to Istanbul.

Elon Musk: “The Fed needs to drop rates”

Elon Musk, one of the most successful and richest people in the world, was added to those who reacted to the US Federal Reserve (Fed) for not cutting interest rates. Musk wrote, ‘Warren Buffet is currently sitting on $277 billion in cash. He can buy big shares immediately,’ he responded to the tweet.

“The Fed needs to drop rates”

Responding to the tweet, Musk said, “He is clearly expecting a correction of some kind or otherwise simply cannot see better investments than Treasury bills, The Fed needs to drop rates. They have been foolish not to have done so already.” he said.

“Istanbul is one of the most beautiful cities in the world…”

On the other hand, Musk also replied to the tweet of our athlete Yusuf Dikeç, who won a silver medal in shooting at the Olympics: “Hi Elon, do you think future robots can win medals at the Olympics with their hands in their pockets? How about discussing this in Istanbul, the cultural capital that unites continents?”

Musk said, “I do look forward to visiting Istanbul. It is one of the great cities of the world. Robots will hit the center of the bullseye every time.”

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