Why has Tesla invested in Bitcoin ?

Clare Jane

BANNED

Nov 13, 2008

2,438

613

• Feb 11, 2021

• #21

No refund policies

 

J

jasonforrest

Regular Member

Jun 30, 2014

434

143

• Feb 12, 2021

• #22

homeriscool said:

Maybe he has inside information that the banks are going to crash and he doesn't want to loose his money?

I mean, the banks are printing money like toilet paper....

Click to expand...

Yup, Elon didn't Tesla's fiat money purchasing power "melt away" like Saylor did.

Bitcoin is a store of value and CEO's/corporations are realizing it's a great long term reserve asset.

Next up, govs, and Miami is already coming around to that. Notice it's Bitcoin and nothing else.

 

Rektangel

Registered Member

Feb 12, 2021

64

108

• Feb 12, 2021

• #23

FOMO got Elon too. Yeah right.

Or he is just checking how much his meme powers are actually worth.

 

B

badasshat

Registered Member

Aug 10, 2015

87

33

• Feb 12, 2021

• #24

Hope he will tell us about it.

 

A

avengerfrompast

Newbie

Nov 19, 2020

24

11

• Feb 15, 2021

• #25

Elon has made more gains with BTC in one month than by selling Tesla cars over 10 yrs.

They have a knack of seeing opportunities.