Elon Musk’s Energy-Saving Invention Exposed as a Scam

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Entrepreneur Elon Musk hasn’t invented a device that can significantly reduce power bills, despite claims circulating on Facebook. The misleading post suggests that Musk, who is associated with companies like SpaceX and Tesla, has developed an energy-saving product that could slash electricity bills by 80%. However, there is no evidence to support these claims, and fact-checking organizations have deemed them false. The article accompanying the post promotes a product called Slash Watts, which has been wrongly linked to Bill Gates and Mark Cuban in the past. These types of devices promising unbelievable savings are often part of online scams. Furthermore, the article attempts to mimic Fox News, but there is no record of the news outlet reporting on or endorsing this particular product. In reality, Musk’s interest lies in solar energy, as demonstrated by Tesla’s acquisition of SolarCity in 2016. However, recent reports indicate that the solar business has faced challenges. Overall, the claim that Elon Musk has invented a device to significantly reduce power bills is unfounded and should be treated with skepticism.

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Neha Sharma
Neha Sharma
Neha Sharma is a tech-savvy author at The Reportify who delves into the ever-evolving world of technology. With her expertise in the latest gadgets, innovations, and tech trends, Neha keeps you informed about all things tech in the Technology category. She can be reached at neha@thereportify.com for any inquiries or further information.

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