Tesla sold around 75% of its Bitcoin holdings, adding $936 million in cash to its balance sheet, the EV maker said in a letter to shareholders. Tesla also booked a “depreciation, amortization, and impairment” charge of $922 million. Pomp breaks down what the transaction means.
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30 Comments
Bro I’ll watch the show when you wear a hoody or anything other than that whack ass suit you wear lol
Why do you have to scream in the microphone like everything you say is a massive statement how about just calm down and talk normally so I can listen to you
Man, Bitcoin is so profound but it attracts the lost cringe and awful people. That’s the worst part of Bitcoin
And Tesla will write off the loss…winning
About a week late here buddy
I’m so glad pomp and his brothers are in our team, really great intelligent guys
sells btc doesnt buy twitter i see pattern here…
<
friends please help am loosing it all due to the
state of bitcoin i had to join the binance feature
trade and now am almost lost because i loose my
capital each day i try and they keep telling me to
try more am tired what will i do.
Bitcoin must be going to 0 since he sold. Oh no…..
Even during the economic downturn and recession,I'm so happy I've been earning $ 60,000 returns from my $10,000 investment every 21days.
'nuff with that clown !!!
Again, misinformation. The market did go down when he sold, he practically caused the cascading 3ac liquidations. Stop talking shite.
You aren't tested until a company you own and believe in is down 30-40-50% from its highs. You will question your conviction, your strategy, your process. The market has a way of finding your breaking point. Nothing tests your conviction like falling stock prices.Tesla getting on my nerves 😑
Folks if you lost your job and income you would also sell your Bitcoin to pay the mortgage and put food on the table. That's what Tesla essentially did. It needed the cash because cash flow was hindered due to Covid.
True 💯
Thanks for all you do. Here's my problem, i have been making losses trying to make profit trading. I thought trading demo account is just like trading the real market…
Can anyone help me out or at least advise me on what to do?
Good. That's what makes markets.
He didn't sell at a profit, so that's definitely not a pump and dump. He just needed a quick Bill . . . ion.
More fish are waking up and coming to the pond…If a whale wants to manipulate while he's holding fat bags that's ok… All the guppies are buying the sale…When the whale comes back they'll notice a small chunk of that liquidity is now locked up forever in someone's wallet and it'll cost more to get it back… Elon and his 'diamond hands', ha ha ha what a joker…He'll pay more in the long run to get back in…
3 years from now the people that counseled him on that sale will be fired.
Richest ‘American’ in the world
If you gotta poop…make it a stinky poop 💩
I believe with everything that Elon said about why he sold off his bags was true but I strongly feel like Tesla sold off due to the fact that Exxon has the first spot on the s&p and Tesla was taken off due to clean energy restraints and regulations now associated with the s&p
Hello Mrs Sarah is legit and her method works like magic I keep on earning every single week with her new strategies
BTC will do better without Troll.
Just a thought, the reason Elon probably chose to sell is the crazy
Accounting rules that’s what needs to change 🤔IMO
seeing so many ☝️recommendation I was curious and decided to give them a try and it turned out to be legit and reliable they're such a good man have ever meet in bitcoin
Old news
<Thank you for always being constant with the videos regardless of market Bull / Bear. Holders are probably confuse on what to do next but truth is If you stay invested and ignore the market's ups and downs, you'll make a lot of money in the long run, that’s why it’s better to trade than to hodl. I’ve made more than 7BTC trading with Axel William, using his method and insights…..
Venturing into the trading world without the help of a professional trader and expecting profit is like turning water into wine, it would take a miracle, that's why I trade with Samantha , her skill set is exceptional.