Tesla Inc (NASDAQ:TSLA) Elon Musk made light of the non-fungible token hoopla sweeping investors.

What Happened: The entrepreneur tweeted an image on Thursday which contained a hypothetical party scene with a man standing in the corner wearing a party hat thinking to himself, “They don’t know I own this song’s non-fungible token.”

Musk tweeted earlier in the week that he had put up a song on NFTs on sale as an NFT. Even the tweet making that announcement was put on sale on v.cent, a platform for selling autographed tweets.

Why It Matters: The intensity of the NFT hype can be gauged by the fact that Musk’s song on NFTs attracted a buyer in the form of the artist Beeple, who offered $69 million for it.

Musk then changed his mind on selling the song saying, “Actually doesn’t feel quite right selling this. Will pass.”

Musk’s partner — the Canadian artist Grimes, Banksy, and Lindsay Lohan are just some of the few artists who have sold art as NFTs.

Related Link: How to Buy NFTs

Price Action: Tesla shares closed nearly 6.9% lower at $653.16 on Thursday and fell 0.4% in the after-hours session.

For news coverage in Italian or Spanish, check out Benzinga Italia and Benzinga España.

Photo courtesy of JD Lasica via Flickr