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Musk, now, clarifies Tesla has not sold bitcoin holdings

Musk, now, clarifies Tesla has not sold bitcoin holdings

Elon Musk tweeted Monday that Tesla has not sold any bitcoin, a day after he appeared to suggest the opposite. ’To clarify speculation, Tesla has not sold any bitcoin,’ Musk said. On Sunday, Musk implied in a Twitter exchange that Tesla may sell or has sold its Bitcoin holdings. Musk’s tweet came in response to users on Twitter criticizing his recent stance on the cryptocurrency.

Kathy
Kathy
Son Of Shaw
Son Of Shaw 0 months

So they purchased bit coin. Publicized and brought attention to it, the stock soared, then sold it at a mass profit, and then says “like, apparently crypto is bad for the earth?” Questionable.

Minty
Minty 0 months

Bitcoin is old tech, being propped up by Wall Street and whales, if crypto doesn’t stick to improving decentralized fungible anonymous transaction, we are doomed into an Orwellian cashsless society

GB Oz
GB Oz 0 months

Musk will ultimately go down in history as a manipulator and comedian. Overshadowing his achievements. He attempted to manipulate the regulated markets with his 420 tweet and now he has found crypto - unregulated; has used that to shore up the finances of Tesla. In the process, he has financially hurt his followers, who also bought into it. Musks true colours as a con-man, are coming to bear.

sean
sean 0 months

I've always admired Elon Musk and I have to wonder if he isn't calling to everyone's attention that these cryptocurrencies have become nothing more than financial investment instruments with people trying to buy low and sell high. The cryptocurrency is absolutely not serving the purpose for which it was intended, and as a company accepting Bitcoin for $100,000 cars the wild valuation swings of the cryptocurrencies exposes his company to enormous risk, which is what they were trying to avoid in the first place. Never forget that because of his position in several companies, Musk can never speak frankly for fear of violating any number of SEC regulations.

Jack
Jack 0 months

The singlemost manipulative and outspoken hegemon of the bunch. Comparative misinformation at its best. His weekly operations are staggering and far worse for the environment. Moreso, he’s going to continue to lie about other proof-of-work memecoins to prop himself up and play the fiddle between BTC and Doge. It’s just an additional area he’s capable of flooding to drown and murder anyone that isn’t on the same wave as him; spoils of the battlefield ALL go to *this weak yet financially imposing man on the hill.

theChildofCain
theChildofCain 0 months

What if... Elon is trashing Bitcoin in the hopes people sell off on their cryptocurrency. Than when the price drops, he comes in buying up more coins at a much cheaper rate?

Indo
Indo 0 months

We be all beings of herds. Just a talk has made a major market movement.

C
C 0 months

Bet they wished they did

Angry_Face
Angry_Face 0 months

Whats bitcoin?

Fishe
Fishe 0 months

>Bitcoin's effect on the climate. So....Minimal at most?

Indo
Indo 0 months

No but it was just a ploy to tipple the market, so to speak.

Brian
Brian 0 months

Pump and dump. Illegal for most, ok for elite

FREDERICK
FREDERICK 0 months

I enjoyed seeing Charlie Munger’s opinion of Bitcoin on YouTube.

coughdrop1989
coughdrop1989 0 months

Somewhere that little environmentalist girl is saying "how dare you"

Patrick
Patrick 0 months

This has gone too far. I think his lawyers are giving him tight wire advice and he's toying with the SEC. Look for some tough regulations on crypto to come out in the near future.

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