Tesla Pumps And Dumps After Earnings Beat; Sells 75% Of All Bitcoins

The only thing that matters is what is the stated value of the crypto on the books. If they had a low valuation, they can claim a nice profit on the sale.

And if that valuation was lower than what they paid, then they can claim a nice loss on the purchase.
 
Tesla will suffer more and more the competition from other EV car manufacturers.
If a company has to use profits from non-core business to stay out of the red, it is a red flag.

In the land of the blind, one eye is king.
There are less and less blind, so one eye will not be good enough anymore.
 
“The company appears to have lost around $150 million on its bet in the cryptocurrency since its 2021 purchase, selling the coins for $963 million”

https://techcrunch.com/2022/07/20/tesla-dumped-75-of-its-bitcoin-holdings/amp/
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NOT to worry\LOL.
TSLA CFO Zach K said [75% sale ] is not a verdict on bit con. Sure:D:D
The good news for TSLA is TWTR may have found a brief bottom @$39, or 32, or $13. NOT a prediction, not insured by any federal agency..............................................
 
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NOT to worry\LOL.
TSLA CFO Zach K said [75% sale ] is not a verdict on bit con. Sure:D:D
The good news for TSLA is TWTR may have found a brief bottom @$39, or 32, or $13. NOT a prediction, not insured by any federal agency..............................................


Did Elon say he was bullish on Bitcoin while Tesla sold?
 
More crims indicted for fraud . The ponzi unravels one scammer at a time
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More crims indicted for fraud . The ponzi unravels one scammer at a time
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Interesting timing, SBUX warns+ pulled some profitable stores out of LA + DC\too many crooks[dem run] CEO notes.
The good news/ is with a hi crime area like DC \may have helped Warner Washington sell his Washington farm 60 miles from DC, starting bids = $4 million\strange it sold for $4.3 million in 2014.Wow\411 AC farm could sell for a loss??
 
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