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“Possession Weighs You Down”, Elon Musk Says As He Announces Plan To Sell Properties

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CEO and Billionaire says that he would sell almost all his physical belongings as well as his houses.

“Possession Weighs You Down”, Elon Musk Says As He Announces Plan To Sell Properites

He made the disclosure in a tweet on Friday.

He also said he thought Tesla’s stock price was “too high” — a tweet that was followed by a sharp drop in the share price of the electric-car manufacturer. Tesla’s stock was down 9.3% late Friday morning.

Musk also said he “will own no house.” He followed up with a tweet that his girlfriend, the songwriter and producer Grimes, was mad at him.

Musk owns at least seven lavish houses worth over $100 million in total. He and Grimes are expecting a baby due Monday, he said in another tweet.

Adelowo Adegboyega
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