Elon Musk won't sell his bitcoins, he tweeted this and we see no big movement in the market. There was a time when his tweets had big effects on the market. This guy is losing his value by promoting Dogecoin.
Elon Musk Do not sell his bitcoin, he tweeted it means there is a possibility of any big movement influencing the market.
But nothing like that happened.
There was a time when his tweets had a big impact on the market.
Which we have seen to be. But now even such a big tweet of his has not had much impact on the market.
So I agree with you that this guy is losing value by promoting Dogecoin.