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- Not invented an energy-saving deviceLearn 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…Plug-in boxes or devices that claim to lower your electricity usage and reduce your power bill are sold under many different product names, such as Miraclewatt, Stop Watt, Pro Power Saver and Voltex. None of these are actually sold by or associated with billionaires such as Elon Musk or Bill Gates.www.verifythis.com/article/news/verify/technology-v…
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