Tesla SOLD 75% of its BTC

**AmeliaG** · 07-20-2022, 10:28 PM

How the heck is it on an uptick? Crypto patterns have been so weird this past year.

**O MARINA** · 07-21-2022, 08:19 AM

crazy...

**nikki99** · 07-21-2022, 12:15 PM

Hodl.........

**CaptainHowdy** · 07-21-2022, 12:34 PM

Originally posted by nikki99

Hodl.........

**JayMoyes** · 07-21-2022, 03:09 PM

This says a lot more about Musk and his enterprises. I'd heard a lot going down with Space X and Hyperloop, but was under the impression Tesla was much better off.

**adultchatpay** · 07-21-2022, 05:30 PM

They lost big time in their BTC investment

**pornmasta** · 07-21-2022, 06:54 PM

Is it to buy Twitter 🙄?

**kmanrox** · 07-22-2022, 09:29 AM

Musk: Buy high, sell low.

**AmeliaG** · 07-22-2022, 02:37 PM

Originally posted by JayMoyes

This says a lot more about Musk and his enterprises. I'd heard a lot going down with Space X and Hyperloop, but was under the impression Tesla was much better off.

In their shareholder communications, they said they sold to have more cash on hand despite the China shutdown and ramp up expenses for new factories.

**NakedWomenTime** · 07-23-2022, 11:26 AM

Must have needed the cash.

**blackmonsters** · 07-23-2022, 11:34 AM

Musk needed to STFU and finish the "Cyber Truck".
So glad I didn't pre-order that shit!

https://carbuzz.com/news/tesla-will-...k-reservations

.

**AmeliaG** · 07-23-2022, 11:47 AM

Originally posted by blackmonsters

Musk needed to STFU and finish the "Cyber Truck".
So glad I didn't pre-order that shit!

https://carbuzz.com/news/tesla-will-...k-reservations

.

I did and I'm quite annoyed.

**blackmonsters** · 07-23-2022, 11:54 AM

Originally posted by kmanrox

Musk: Buy high, sell low.

No no, you don't understand.
Musk has to make BTC drop so he can buy it all back on the dip.

**FapperX** · 07-23-2022, 01:23 PM

people got fucked by elon with dogecoin. now getting fucked by btc.

but again in my opinion hodl is the best choice.

**FTS8** · 07-31-2022, 05:29 PM

Originally posted by kmanrox

Musk: Buy high, sell low.

**jscott** · 07-31-2022, 10:50 PM

Originally posted by FapperX

people got fucked by elon with dogecoin. now getting fucked by btc.

but again in my opinion hodl is the best choice.

Hodl BTC is best choice for long term.
Short term can be faster gains but they're gambles.

Look how alts come & go, and Bitcoin remains king:

**Kuzmenko Vlad** · 08-01-2022, 07:38 AM

Tesla sold 75% of its bitcoins. The sale added $936 million in cash to the balance sheet.

The company listed this amount in the “digital asset sales revenue” section of its second-quarter results released on Wednesday.
Data from the company's report. This does not mean at all that they sold today for $24,000. Do not panic. The data was shown today, but they could sell at any time and much higher. So don't bury everything now.

**jscott** · 08-01-2022, 08:36 AM

Originally posted by Kuzmenko Vlad

Tesla sold 75% of its bitcoins. The sale added $936 million in cash to the balance sheet.

The company listed this amount in the “digital asset sales revenue” section of its second-quarter results released on Wednesday.
Data from the company's report. This does not mean at all that they sold today for $24,000. Do not panic. The data was shown today, but they could sell at any time and much higher. So don't bury everything now.

I saw an article that claimed they sold around $29k.

**escorpio** · 08-01-2022, 08:29 PM

Originally posted by nikki99

Hodl.........

Long azz tyme.

Tesla SOLD 75% of its BTC

Tesla SOLD 75% of its BTC

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