Euro Pacific Capital CEO Peter Schiff, who’s known as a bitcoin detractor and a gold bug, took to Twitter this week to share that Tesla has actually been losing its share price after purchasing bitcoin – a downslide some have blamed on the carmaker’s chief, Elon Musk.“Two weeks after @elonmusk announced that he spent $1.5 billion of shareholder money buying bitcoin, #Tesla stock entered a bear market, plunging 20 percent from its all-time high set on January 25th, and 16 percent since disclosing the bitcoin buy,” Schiff wrote, adding: “Not an example other CEOs will likely follow!”🍆— Elon Musk (@elonmusk) February 23, 2021Schiff’s tweet followed bitcoin’s volatile start to the week, with the cryptocurrency dropping from $58,000 to as low as $46,000 on Tuesday.Musk responded to Schiff’s tweet with an eggplant emoji, which some inferred was his way of dismissing the comment. I must have hit a nerve with that Tweet. The symbol for an eggplant, or aubergine, is blocked from some platforms – but not Twitter – because of its phallic symbolism.“So, you’re basically calling me a dick,” Schiff said in a followed-up tweet. On Tuesday, he responded to a critical Twitter post by investor Peter Schiff in a veggie way, using only one emoji: an eggplant. Does this mean our clubhouse conversation is not happening?— Peter Schiff (@PeterSchiff) February 23, 2021For more stories on economy & finance visit RT’s business section Does this mean our clubhouse conversation is not happening?”So you're basically calling me a dick. For someone of your intellect I would have expected a more thoughtful reply, not something one would hear at a playground. For someone of your intellect I would have expected a more thoughtful reply, not something one would hear at a playground. Follow RT on
Elon Musk certainly has a weak spot for emojis when it comes to expressing himself. “I must have hit a nerve with that Tweet.