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Elon Musk – the world’s richest meme – moves market with his tweets 20 May 2021 1:17 PM Share This: “Tesla has diamond hands,” tweeted Musk, indicating Tesla is not selling Bitcoin, despite its crash. Elon Musk is, to state the glaringly obvious, an extremely powerful man – his whims move markets. On Wednesday, as cryptocurrencies plummeted, he tweeted “Tesla has diamond hands”, using emojis for the words “diamond” and “hands”. “Diamond hands” is a meme and refers to traders who believe in the long-term success of whatever investment they are holding – they are not selling when it drops. In other words, Musk’s tweet showed that Tesla is not selling its Bitcoin.

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