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> Did Elon profit from that? i.e. He bought at the bottom and sold at the top? That same quarter, Tesla reported almost $500 million in realized capital gains
by bcj7393nsk 4y ago
> Did Elon profit from that? i.e. He bought at the bottom and sold at the top?
That same quarter, Tesla reported almost $500 million in realized capital gains on BTC.
And Elon owns Tesla stock.
The rest is left as an exercise to the reader.
- onethought 4y agoYou are missing the part where they were accepting bitcoin as payment for cars. So how much of those gains were for Cars sold, vs inflated Bitcoin price based on Elon tweets?
- bcj7393nsk 4y ago