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Re:$365B wiped off cryptocurrency market after Tesla stops a... by _Microft on Thursday May 13, 2021 @02:37PM (#27145624)
My take: this was calculated.

Notice an opportunity for easy money and get into Bitcoin under the pretense of selling cars for it, then pull out "temporarily" citing environmental reasons. They are now in a comfortable position to hold onto it for how long they might want to, without getting too many questions why a car maker is speculating with crypto coins. If they might need cash (or have to pretty up the quarterly results) one day, cash out some. In the meantime, post doge memes to keep crypto in people's minds.

Profit.

Re:$365B wiped off cryptocurrency market after Tesla stops a... by tasssko on Thursday May 13, 2021 @06:07PM (#27148092)
I find it unbelievable that he would use a public company for this kind of speculation. It is grossly irresponsible.
Re:$365B wiped off cryptocurrency market after Tesla stops a... by kibwen on Thursday May 13, 2021 @07:45PM (#27148925)
Grossly irresponsible? Sure. Unbelievable? Not to anyone who's ever seen a Musk tweet.