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Tesla lost $140M trading Bitcoin in 2022

73 pointsby cunidevover 2 years ago

6 comments

bilekasover 2 years ago
Not sure if it was just Elon who was responsible for this, but the tweet shortly after that Tesla would accept BTC surely is the same as a potential pump and dump same.<p>We&#x27;ve seen so many finally being charged for this behavior, shouldn&#x27;t Elon ?
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pseudo0over 2 years ago
Reporting the numerator without the denominator is a classic clickbait trick. In this case it was a 9% loss on $1.5 billion, during a period where tech stocks dropped 25-30%.
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eigartover 2 years ago
What if anything is known about Elon’s private crypto holdings? Wondering if it is possible he’s traded the pump and dump cycles he’s caused?
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albertopvover 2 years ago
Is there any other car company trading bitcoin? Is it normal?
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jeiscover 2 years ago
Whoever is running that company should be let go
loandbeholdover 2 years ago
Elon is chronic gambler.
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