Tesla CEO Elon Musk expressed concern over rising silver prices. He posted on the social media platform “X” and said, “This isn't good. Silver is essential in many industrial production processes.” His remarks were in response to a post describing silver prices “skyrocketing due to severe global supply shortages.” Recently, the price of silver has risen sharply, surging more than 17% in the past week.

Tesla CEO Elon Musk expressed concern over rising silver prices. He posted on the social media platform “X” and said, “This isn't good. Silver is essential in many industrial production processes.” His remarks were in response to a post describing silver prices “skyrocketing due to severe global supply shortages.” Recently, the price of silver has risen sharply, surging more than 17% in the past week.