Elon Musk criticises the Federal Reserve for raising interest rates too quickly and hails the undervalued Tesla shares as a possible deal.

Perhaps, in which case, here’s your chance to purchase! Musk replied before launching an attack on the US Federal Reserve.We are already in deflation, according to the evidence I’m seeing, thus I keep repeating that Fed rate is ridiculous, he tweeted. If this is the case, the real rate of return on T-bills is about equivalent to the S&P 500. He’s shorting the S&P, according to a very wise investor I spoke to today.Elon Musk praised the undervalued Tesla shares as a possible steal and cautioned the Federal Reserve against raising interest rates any more because prices look to be falling.A tweet from a user on Twitter on Wednesday raised the possibility that Musk was partially to blame for the 64% decline in Tesla’s stock price since April, which has reduced the company’s market worth by more than $600 billion.Perhaps, in which case, here’s your chance to purchase! Musk replied before launching an attack on the US Federal Reserve.
 Source : InventivaWe are already in deflation, according to the evidence I’m seeing, thus I keep repeating that Fed rate is ridiculous, he tweeted. If this is the case, the real rate of return on T-bills is about equivalent to the S&P 500. He’s shorting the S&P, according to a very wise investor I spoke to today.On Wednesday, the CEO of Tesla, SpaceX, and Twitter responded to another tweeter who said that the recent dips in the bond and housing markets will compel the Fed to stop raising rates soon and probably lower them next year. Musk tweeted, I really hope so.In recent weeks, Musk has blasted the Fed several times, saying that its actions are inviting a devastating recession. He claims that the US central bank is concentrating too much on historical economic statistics rather than the present situation. The software entrepreneur also highlighted the risks of debt in an economy with increasing rates. Given that he personally borrowed money against his Tesla stock and used leverage to fund his purchase of Twitter this year, he seemed to be speaking from experience.Musk can attribute the decline in Tesla’s shares on the Fed’s reduction in the allure of equities this year. However, his investors are concerned that Twitter is becoming into a pricey diversion and that a recession might reduce demand for electric vehicles in the upcoming year.Share your thoughts with us in the comments.