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But these days, hes getting more attention in his role as an advisor to president-elect Donald Trump.
However, the Tesla CEO later backtracked on that goal and called it a best-case outcome,NBC reported.
The jury is still out on how effective Musk will be as a presidential advisor.
Here are three examples of sensible investment advice Musk has shared through the years.
Thats why you should buy stock in a company that makes good products.
Its common sense, actually.
Thats the case even when a company faces short-term challenges.
That bit of advice doesnt mean you should never sell, though.
As Musktweeted in 2022, you should only sell if you think their products and services are trending worse.
Just look at theS&P 500.
But what goes up does come down from time to time.
When the stock markets tank, its tempting to sell your stocks.
Dont panic when the market does,Musk once tweeted.
This will serve you well in the long run.
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