https://forusers.org/ Community questions, answered and written up as clear, readable guides. en-us https://forusers.org/666fa095-why-people-criticize-elon-musk-s-financial-advice/ https://forusers.org/666fa095-why-people-criticize-elon-musk-s-financial-advice/ Fri, 31 Jul 2026 02:02:40 +0000 financial advice elon musk retirement planning universal income Users broadly dismiss Elon Musk's financial guidance, arguing his recommendations primarily serve his own corporate interests rather than the public. Critics point to his history of inaccurate predictions and hypocritical stances on wealth accumulation, noting he continues to amass billions while telling others money will not matter. There is strong skepticism toward his claim that universal high income will replace the need for retirement savings, with users questioning the funding, fearing los https://forusers.org/77251c19-how-elon-musk-invests-his-money-and-wealth/ https://forusers.org/77251c19-how-elon-musk-invests-his-money-and-wealth/ Wed, 29 Jul 2026 23:11:43 +0000 elon musk investment strategy wealth management stock loans Elon Musk does not keep heaps of cash sitting around. His wealth is mostly tied up in the stock of his own companies, like Tesla and SpaceX. Instead of selling shares to get cash, he uses his stock as collateral to secure large low interest loans from banks. This lets him access money without giving up his ownership. Users point out that his public advice often serves his own interests. When he tells people to hold their stock during price drops or claims that traditional retirement investing wi