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- Elon Musk has not invented or endorsed any energy-saving device1234. The posts claiming that he has are part of a popular scam that uses his name and reputation to sell fake products that promise to reduce power bills1234. These products, such as Stop Watt, Miracle Watt, True Watt, and more, have no evidence of being effective or reliable34. Consumers should be wary of these false advertisements and avoid falling for this scam1234.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.A post claiming Elon Musk has invented an energy-saving device to reduce power bills is an example of a popular tactic online scammers use. Although Musk is involved in the electricity generation business through his company Tesla that sells solar panels, he has not made an energy-saving device that would cut users’ electricity bills.www.politifact.com/factchecks/2023/dec/21/facebo…Elon Musk is not actually selling an energy-saving device. Per Reuters, a number of fake advertisements for this energy-saving device — which itself is a scam — falsely connect it to Musk.www.msn.com/en-us/news/other/is-elon-musk-reall…Scammers are using Elon Musk’s name and reputation to sell fake “energy-saving” devices, including products like Stop Watt, Miracle Watt, True Watt, and more. These gadgets claim to be endorsed by Musk and promise to reduce electricity bills. However, this is a long-running and elaborate scam that has cheated thousands of innocent consumers.malware-guide.com/blog/what-is-elon-musk-energ…But a recent Reuters Fact Check says " there is no evidence" the billionaire is selling an energy-saving device, contrary to those social media posts. We checked with the electric industry, and saw similar skepticism.www.wcpo.com/money/consumer/dont-waste-your …
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