My prediction - TSLA sells it's BTC holdings at $40,000 to lock in profits

  • BTC will soon be below $40,000 for good.
  • It's time for Elon Musk to dump TSLA's BTC holdings and lock in profits.
  • TSLA stock under pressure - another reason to sell BTC.
I'm very confident this happens before the end of January 2022.
 
  • TSLA earnings Wednesday January 26.
  • Due to the weakness in BTC and TSLA stock Musk will have to address the BTC holdings.
  • This is when we find out the status of TSLA's BTC holdings.
 
Holding BTC is a primary reason why the company is still so over-valued. If he sells it... I fear that will not end well for the stock.

Good luck tomorrow guys, I hold no stake in this, just there for the show.
 
The_Krakenite said:
Holding BTC is a primary reason why the company is still so over-valued. If he sells it... I fear that will not end well for the stock.

Good luck tomorrow guys, I hold no stake in this, just there for the show.
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I don't think so miners stocks with thousands of bitcoins are falling heavy, if TSLA sold their bitcoin will be a good news for them and very bad news for bitcoin.
 
johnarb said:
Tesla did no sell just as MicroStrategy did not sell, nor did Square sell, nor did NYDIG sell among many other publicly listed companies and private companies
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Obviously I have the 20/20 hindsight, but they should have. A highly volatile asset shouldn't just be held forever, there is a perfectly good logic in selling at highs and buying it back at lower prices.

In the case of Tesla, selling with a huge profit helps a lot the company's shitty bottom line. Then once the quarter is over, BTC is lower, they can buy it back. Rinse and repeat. Tesla is not a carmaker, it is a brokerage/trading company. :)
 
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