Loading ...Get rid of that guy, his bs is too long and not reliable at all.
I asked ChatGPT “briefly is it true Elon hoarding silver and Samsung is dumping silver switching to graphite while tesla has 340 million ounces?”
No — those claims aren’t true as verified facts. Here’s a brief reality-check:
✔️ Elon Musk hoarding silver:
There is no credible evidence that Elon Musk or Tesla is “hoarding” huge amounts of silver privately. What’s real is that Musk/Tesla executives have commented publicly about concerns over rising silver prices and supply pressures because silver is used in EVs and other tech. Musk said recently that surging silver prices and export restrictions (e.g., from China) are “not good” for industry — but he didn’t announce any massive personal or corporate stockpiling of silver.
✔️ Samsung “dumping silver” or switching to graphite:
There’s no confirmed report that Samsung is dumping silver. In fact, Samsung SDI is developing next-generation solid-state batteries that may use silver (in silver-carbon composite layers) as part of the design, which would increase industrial silver demand if adopted broadly.
There are no credible industry reports that Samsung is switching to graphite instead of silver to reduce usage — that sounds like speculation or confusion with other battery materials trends.
✔️ Tesla holding “340 million ounces of silver”:
There is no verified source showing Tesla owns 340 million ounces of silver. That number is not from any credible financial filings or supply data for Tesla. Public reports on Tesla’s use of silver focus on industrial demand in production, not massive stockpiles.
Summary:
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No reliable evidence Musk is hoarding silver as a private stash.
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Samsung’s new battery tech is proposed to use silver, not abandon it, and is not mass-produced yet.
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Tesla doesn’t publicly hold hundreds of millions of ounces of silver.
These narratives mostly circulate in online speculation or social forums, not in verified reporting.