Bitcoin Vs Tesla Fight!

[very_452001]

Instead of Fighting, it looks like they are Teaming up

Elon Musk helped Bitcoin break that 42k resistance earlier, helped bitcoin to continue its bull run.

Looks like Elon Musk is using his shareholders capital to buy Btc 

So in reality it looks like Tesla Shareholders are indirectly buying Bitcoin

If Elon Musk takes the Michael Saylor approach that is put his recently purchased bitcoins into the Tesla treasury then that will bring confidence to Tesla shareholders if the dollar crashes so that will only attract more Tesla investors pushing TSLA share price even more higher!

So a clever move by Elon I say.

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[age7393]

Bitcoin, of course, I don’t see any other options at all .. Whoever was watching this situation now, could make good money. It seems to me that the future is definitely for cryptocurrency, in particular for bitcoin.

[just_Alice]

Looks like Elon Musk is using his shareholders capital to buy Btc  

So in reality it looks like Tesla Shareholders are indirectly buying Bitcoin

If Elon Musk takes the Michael Saylor approach that is put his recently purchased bitcoins into the Tesla treasury then that will bring confidence to Tesla shareholders if the dollar crashes so that will only attract more Tesla investors pushing TSLA share price even more higher!

Not just "looks like", it's a fact now. Here's some fresh piece of information from today's news:

Electric car maker Tesla has acquired $1.5 billion worth of bitcoin and plans to begin accepting it as a form of payments for its products in the near future, the company disclosed in a filing with the U.S. Securities and Exchange Commission (SEC).

Source: https://economictimes.indiatimes.com/tech/technology/tesla-invests-about-1-5-billion-in-bitcoin/articleshow/80752098.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Also, recent Bitcoin price runups (on 7-8 of Jan steep rise followed by a decrease just a few days later) correlated with Elon's net worth, so it's more than obvious that he has acquired (maybe even a long time ago) a fair amount of Bitcoin.

[Imran232]

Now there is no fight between tesla and bitcoin. Because now tesla is a part of bitcoin. Means tesla invest $1.5 billion in bitcoin. So just think now bitcoin is a machine fir tesla to xerox money. Soo don't think more about bitcoin and Tesla's relations.  They are now like husband and wife . And one more thing if you think that there is any chance to compare bitcoin with tesla. In my opinion it is useless. If tesla promote bitcoin then tesla can generate his investment double. So just pray for bitcoin. We don't think any physical company we just think about our bitcoin. Bitcoin is our own company. 

[jonsi]

Bitcoin will continue to grow long after the tesla hype will be over.
You can look at bitcoin as a medium for storing value, and like gold, will surpase any company in the world.

[sunsilk]

Instead of Fighting, it looks like they are Teaming up

Elon Musk helped Bitcoin break that 42k resistance earlier, helped bitcoin to continue its bull run.

Looks like Elon Musk is using his shareholders capital to buy Btc 

So in reality it looks like Tesla Shareholders are indirectly buying Bitcoin

If Elon Musk takes the Michael Saylor approach that is put his recently purchased bitcoins into the Tesla treasury then that will bring confidence to Tesla shareholders if the dollar crashes so that will only attract more Tesla investors pushing TSLA share price even more higher!

So a clever move by Elon I say.

It came into reality just now and there's no need to compare $Tesla to BTCBitcoin. Thanks to him and even though with his several interviews before and keeps saying that he only owns 0.025BTC IIRC. Now, it's proven that him and his company is holding a huge chunk from the market.

Bitcoin, of course, I don’t see any other options at all .. Whoever was watching this situation now, could make good money. It seems to me that the future is definitely for cryptocurrency, in particular for bitcoin.

The future for bitcoin is really clear and promising. That's the reason why many holders never stop holding it and instead of selling most that they hold, they're buying more. Because situations like this can happen once in a while but also don't be too confident that negative situations can't.

[very_452001]

Soon you can pay for your new Tesla car with your Bitcoin 

Imagine there's this new tech where charging electric cars and bitcoin mining can be connected somehow to make it more efficient I say  May sound crazy but possible?

[elisabetheva]

Bitcoin will continue to grow long after the tesla hype will be over.
You can look at bitcoin as a medium for storing value, and like gold, will surpase any company in the world.

all of course will also agree with what you say, there may be a lot of new appearances and look superior but it's only for a moment. @elonmusk may advance Tesla, but in the end will have to admit that Tesla can advance but can it survive the same as bitcoin that has been proven to date.
let alone time will tell all this because bitcoin has been proven and no one will be able to outperform it until now and in the future.

[very_452001]

Can any publicly traded company dilute their shares?

For example if I offered a million shares on my IPO date, then a year later I can offer another million shares on top so I diluted share count to 2 million shares? What's the SEC regulations when it comes to offering shares?

With that example above if I diluted shares to 2 million then that should fundamentally crash the stock price by 50% right?

Just to confirm most companies start diluting their shares when share price are at high prices right?

Does the SEC allow shares to be diluted and also allow fractional shares at the same time?

How many shares did Amazon originally offered on its IPO date?

[panganib999]

Soon you can pay for your new Tesla car with your Bitcoin 

Imagine there's this new tech where charging electric cars and bitcoin mining can be connected somehow to make it more efficient I say  May sound crazy but possible?

I think this collaboration of the new 2 things that have been progressive over the past few years is one of the best and unbelievable things because as we all know, Elon Musk tell the whole world tha he is up to open about the BTC idea. And so that later this week he moved a tremble action that tooks the whole market noisy. He buy bitcoin in order to make a Tesla coin profitable. I think this was only a start of a new something the Elon are up to. I believe that there are something more Elon Musk are preparing not only for his company but for the whole cryptocurrency world. Who knows, the idea of buying tesl using bitcoin might be a big deal in the next few days.

[stomachgrowls]

Soon you can pay for your new Tesla car with your Bitcoin 

Imagine there's this new tech where charging electric cars and bitcoin mining can be connected somehow to make it more efficient I say  May sound crazy but possible?

Possible but of course you would really be needing hella lot of a ride with that. 


Back on topic which its funny to make out some comparison or trying out to make some choice between the two if the owner/founder itself of tesla
had already considered on jumping into this Bitcoin craze.

Why would need to choose one if you can have both.Right?

[ecnalubma]

In terms of growth I think Tesla is already overvalued, Bitcoin is too young to compare to this company but definitely will surpass large companies in next few years. Tesla is an overrated company like Apple, it may weaken if they find the right competitors, Bitcoin is still the king of crypto that day if Tesla falls.

[Bitcoinislife09]

Who do you think will win and keep on pumping more?

Elon Musk's Tesla stock showing no sign of dumping even when stock markets are red today!

Bitcoin too looks like its on the way to the moon like Tesla.

Who can get to the moon 1st  ?

Its like King of Crypto vs King of Stocks. This 2021 year will be the showdown between the best of these 2 asset classes.


Elon Musk is spending most his shareholder capital to fund his space missions. Maybe with his shareholder money he can use it to go to the moon 1st class.

Or whoever dumps 1st is the loser?

Both Tesla and Bitcoin are going to the moon and we could expect after some years that the price will continue to increase with both bitcoin and Tesla. I think bitcoin will be the first as it is a cryptocurrency and as its nature, we know that cryptocurrency is much volatile than the stock market which the movement is slow and mostly some of the stock markets take months or years before reaching a good market price. But for sure Tesla is not going to be smoke out by bitcoin as what happened to Gamestop's growth stock could also skyrocket like cryptocurrency.

[pixie85]

I don't see this play out this year.

In the long run if Bitcoin survives and becomes a hedge asset for big companies it will win. If only a few big companies like Apple decided to put 1% in Bitcoin Tesla would not stand a chance.

Tesla on the other hand is still a great investment because it grows on its own. Good thing to own if you're a serious investor and have a lot of money to allocate.

[Guilherme Castro]

Who do you think will win and keep on pumping more?

Elon Musk's Tesla stock showing no sign of dumping even when stock markets are red today!

Bitcoin too looks like its on the way to the moon like Tesla.

Who can get to the moon 1st  ?

Its like King of Crypto vs King of Stocks. This 2021 year will be the showdown between the best of these 2 asset classes.


Elon Musk is spending most his shareholder capital to fund his space missions. Maybe with his shareholder money he can use it to go to the moon 1st class.

Or whoever dumps 1st is the loser?

Hey fellow, I believe there’s a little misunderstanding when comparing assets. The ideal is always to diversify your portfolio. Both Bitcoin and Tesla are powerful assets, but they are different and with different purposes in my humble point of view. The more of each, the better. Just manage your risks and avoid future frustrations. Hope help you, Success!

[BChydro]

Its like King of Crypto vs King of Stocks. This 2021 year will be the showdown between the best of these 2 asset classes.

Since you created the thread, Elon Musk thought about bridging the gap between cryptocurrency and stock market and he wanted to take advantage of the bitcoin market as well and hence he invested a whooping $1.5 billion in bitcoin as per the documents that came out and if that is true it is an insane amount of money.
In short the fight is over, how many big time companies already invest in bitcoin in the past one year and we will hear many huge investments like these coming in the coming months.

[very_452001]

Yeah understand Bitcoin & Tesla joined forces but looks like they have separated and going their own separate ways for now  

I know for a fact:

Elon Musk is a clever guy, before he put in $1.5B into Bitcoin he knew about Bitcoin energy usage. When someone invests $1.5B into something of course they do all research on it before risking $1.5B into it like Michael Saylor did. Its not like he put in $1.5B into Bitcoin and months later realised the bitcoin energy usage lol.

Elon also knew before tweeting his btc energy usage that his crypto portfolio will go down if he did not sell off his bitcoins before his btc energy usage tweet.

As he is still holding his bitcoins and only sold a small amount of if weeks ago for liquidity reasons this suggests classic Market Manipulation

If he dumped all his bitcoins before the tweet then we know for sure he doesn't like bitcoin no more and wants to get rid of it from Tesla.

Bitcoins are cheaper now thanks to him but ask yourselves who is now buying the cheaper bitcoins lol?


Otherwise....

Do you think Elon is planning to flip Bitcoin rank 1 off the charts with Dogecoin this year? I understand Elon is one of the biggest whales of Doge and wants to be the Satoshi Nakamoto of Dogecoin. Turn Dogecoin into Proof of Stake from Proof of Work and introduce doge burn to make doge deflationary or Elon will introduce the idea later this year of Doge Mining and charging your Tesla car at the same time to save energy to promote Doge even more or accept Doge as payment at the Telsa fast chargers but then again he still holding his bitcoins so he still be shooting himself in the foot with bitcoin but gaining with Doge  

[Ecol]

Elon is a crook. Even the owner of Dogecoin called Elon a fraud. He's really lost a lot of money and people hate him. He just thinks about himself, elon. Be careful.

[very_452001]

Elon is a crook. Even the owner of Dogecoin called Elon a fraud. He's really lost a lot of money and people hate him. He just thinks about himself, elon. Be careful.

Why is Elon tweeting he is working with Doge developers which could mean working with the doge owner himself to improve Doge transaction efficiency or something 

This means Doge developers and Elon Tesla have partnered up?

When did the owner of Doge called Elon a fraud? I bet he said that before Elon pumped Doge up? I dont think the Doge owner will be saying that with Elon helping him by pumping and promoting Doge.

[Shasha80]

Elon is a crook. Even the owner of Dogecoin called Elon a fraud. He's really lost a lot of money and people hate him. He just thinks about himself, elon. Be careful.

Why is Elon tweeting he is working with Doge developers which could mean working with the doge owner himself to improve Doge transaction efficiency or something 

This means Doge developers and Elon Tesla have partnered up?

When did the owner of Doge called Elon a fraud? I bet he said that before Elon pumped Doge up? I dont think the Doge owner will be saying that with Elon helping him by pumping and promoting Doge.

Dogecoin could not have gone up this far without Elon Musk's help, so it is very contradicting if indeed the owner of Dogecoin said negative things
about Elon Musk. I'm also not sure the owner of Dogecoin said anything bad about Elon Musk, because Elon Musk is very supportive of Dogecoin
via twitter. The owner of Dogecoin should thank Elon Musk, for promoting Dogecoin, making it into the top 10 cryptos.