TSLA Bitcoin 106 million loss
- Thread starter lwlee
- Start date
EDIT: Original title was that TSLA had lost $106 Billion before OP changed Billion to Million
Tesla only had about $1 Billion worth of Bitcoin. So how could they could they lose 106 billion??
Losses were more like $100 million on the part of the position that was closed.
Although they still kept 25% of the position, so there will be more marked losses on those.
Tesla only had about $1 Billion worth of Bitcoin. So how could they could they lose 106 billion??
Losses were more like $100 million on the part of the position that was closed.
Although they still kept 25% of the position, so there will be more marked losses on those.
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Yeah replace billions with millions. It has been reported about 70 million loss everywhere.
The guy in the video clearly accounts to circa 70 million on his calculations, as well.
Also Tesla has not sold all their bitcoins, they reported a dump of 75% of their portfolio.
The guy in the video clearly accounts to circa 70 million on his calculations, as well.
Also Tesla has not sold all their bitcoins, they reported a dump of 75% of their portfolio.
ET is the new yahoo message boards.
I don't currently own TSLA but I think Musk shenangians with crypto/Doge and TWTR have been detrimental to TSLA. I've been waiting for a good spot to start getting back into TSLA but you have to weigh his shenangians as a liability. Been reading TWTR has a decent case against Musk so that's going to cost multiple billions at least.
I am a ,,fan" of him, but the TWTr story.
That was a flip. But given / knowing the fact about his alliances with pro boys (GSachs etc) it's all understandble.
This is how the game works.
Game?? Just stay in your lane. TSLA shouldn't have to suffer cuz its eccentric CEO is gonna go off on another "adventure" and drag down the company with it.