Posted by chartboy on 12th of May 2021 at 10:07 pm
This is a good primer for understanding why Elon caved to the
liberal ESG crowd, and why no other public companies will be
willing to touch it any time soon.
excerp: Now that is inflation when a $103K car ends up
costing $4.7 million :)
While Lamborghinis have long been the
objet petit afor many bitcoiners, those who have made the
purchase – or any purchase – often come to regret it. In 2013,
someone purchased a $103,000 Tesla Model S Performance for
91.4 BTC. Those coins
today would be worth $4.7 million.
Asked whether there has been any interest from
HODLerssince Musk
tweeted this week, the Tesla representative said, “Not quite sure
if anything sold yet in bitcoin.”
"car " company charts for comparison, similar spikes and
pull backs... looks like P/E ratio is typically < 20
so TSLA long term target is about $20 :)
This is a good primer
Posted by chartboy on 12th of May 2021 at 10:07 pm
This is a good primer for understanding why Elon caved to the liberal ESG crowd, and why no other public companies will be willing to touch it any time soon.
https://www.hedgeweek.com/2021/03/27/297851/disastrous-direction-travel-why-bitcoin-now-collision-course-esg
TSLA ... ha ha like
Posted by ridgetopab on 13th of May 2021 at 11:16 am
TSLA ... ha ha like how Elon `caved` to logic after Tesla cashed in for a $100 million profit on the bitcoin craze
Google search to see if Tesla actually sold any cars for bitcoin and only came up with this article on the complexity of the process:
coindesk article link
excerp: Now that is inflation when a $103K car ends up costing $4.7 million :)
While Lamborghinis have long been the objet petit a for many bitcoiners, those who have made the purchase – or any purchase – often come to regret it. In 2013, someone purchased a $103,000 Tesla Model S Performance for 91.4 BTC. Those coins today would be worth $4.7 million.
Asked whether there has been any interest from HODLerssince Musk tweeted this week, the Tesla representative said, “Not quite sure if anything sold yet in bitcoin.”
"car " company charts for comparison, similar spikes and pull backs... looks like P/E ratio is typically < 20 so TSLA long term target is about $20 :)
Thanks for sharing
Posted by steve on 12th of May 2021 at 11:15 pm
Thanks for sharing