From the Guardian:

After Elon Musk tapped the tweet button at 12.48 pm on 7 August 2018, a bunch of Tesla investors were about to be taken on a wild ride.

“Am considering taking Tesla private at $420. Financing secured,” read the tweet that has since stirred up more than four years of securities fraud litigation focused on the rampant tweeting habits of the electric automaker’s billionaire CEO.

Within one minute, the price of Tesla’s stock shot up by $8 a share and, by the end of that afternoon, the stock had climbed by more than $20 – a 6% – only to tank 10 days later when it became clear the $72bn deal was not on the horizon at all.

“Just because I tweet something does not mean people believe it or will act accordingly,” Musk told the jury in a San Francisco federal court Friday.

Legal and finance experts observing the case say Tesla’s attorneys face an “uphill battle” to make the claim that his tweet didn’t materially affect the price of the stock, which they say seems to be a key argument in the company’s defense against the shareholders’ charge that Musk cost them “billions” by misleadingly pumping up the stock price.

Is Elon Musk telling the truth? Or is that musky rat lying once again?

Check out what I have discovered…

(The lower the RMSE, the better the model is)

## Linear Regression RMSE for Tesla Stock Price: 4.156181
## SVR RMSE for Tesla Stock Price: 4.197424
## Random Forest RMSE for Tesla Stock Price: 4.667335

## Linear Regression RMSE for Dogecoin Price: 4.242653
## SVR RMSE for Dogecoin Price: 4.227005
## Random Forest RMSE for Dogecoin Price: 4.901501

## Linear Regression RMSE for Dogecoin Price ('Doge' Frequency): 4.236024
## SVR RMSE for Dogecoin Price ('Doge' Frequency): 4.246869
## Random Forest RMSE for Dogecoin Price ('Doge' Frequency): 4.281018

After a comprehensive analysis on Elon Musk’s strange tweeting habits and their potential impact on Tesla and Dogecoin prices, it can be concluded that there is no strong evidence to suggest a great correlation between Musk’s tweets and the fluctuations in the prices of these assets.

Unlike popular public opinion, Elon Musk is probably (???) telling the truth that he did not influence the stock prices on purpose. He is, in fact, not a lying musky rat (according to my research).

It seems Elon Musk might just be a billionaire with a tweet addiction and not an evil madman playing games with our investments. The conclusion of this research is to just buy Bitcoin, I guess…