Tesla and market manipulation crime

[xianbits]

Tesla company is just being wise in this aspect. The company is taking advantage of its influencing power not just for their advantage but for everyone. For me, no crime has been involved here. They opened to the public their investment decisions and it's up to the people to when will they stop riding.

[arapgeceleri]

Many big companies like Tesla invest in bitcoin. we are in favor of these big companies investing more. Big companies investing in this market is a healthy development for the cryptocurrency market. increases trust and attracts investors. But Tesla and Elon Musk seem to be trying to manage this situation differently lately. They act like the market leaders and think they can move the market as they wish. this manipulation is undesirable for us.

[affandi]

Tesla invested US $1.5 billion in Bitcoin in February and then reduced its holdings by 10%. This has had a positive impact with the cryptocurrency contributing US $101 million to Tesla's profitability.

CFO or master of coin Tesla Zach Kirkhorn reveals the reason for this Elon Musk electric car company. According to him, the company believes Bitcoin will live a long life despite its volatility.

Tesla sold 10% of its bitcoins in Q1 to maintain bitcoin liquidity.

bitcoin is a highly volatile asset, I think there is no manipulation in bitcoin and cannot be manipulated, a lot of bad news and good news in crypto, this should only be good news

[elisabetheva]

tesla has been involved in so much technological innovation and i pwersonally give them credits for their innovations as loads of their works are ecofriendly and also presents loads of job opportunity and also the privilege of other technologies to thrive on the already existing tech brand. I do not consider it as involved in any form of manipulation in the market.

It is so interesting that a large company like Tesla is in the spotlight with its performance in other areas and I think it is their right, to innovate in their finances by buying bitcoin for investment. just like other companies investing in stocks or gold.

I agree with you, that Tesla is doing so much innovation that is connected to environmentally friendly and it seems that the Tesla trend has attracted many people to be able to accept what is done by helping to buy it. resulting in what he does produce for Tesla himself, it is only natural to finally accept the results of his work so that currently Tesla is included in the ranks of the best.

Regarding manipulation, I cannot give any response that might differ from one another, as long as it does not violate the law it seems legitimate.

[Kasabus]

We actually never know and recognize Tesla if not because of Elon Musk. That is the real sentiment now, it adds to the hypes in the market but that is not enough to say it was a sort of manipulation, neither we call it as a crime. Because if tried to figure it out, Tesla never ask and force people to adopt and invest Bitcoin, it was the mindset of the people to invest because they saw big companies are already there.

And besides, we are already in the bullish season before Tesla has arrive together with Elon Musk.

[Weawant]

Elon Musk is too equipped with accountants and lawyers on his payroll system to move with loopholes on his decisions. Surely, before he made their move he was able to seek consultation to his legal and accounting team so they can execute it without any penalties.

That’s how great executives work. Like Elon Musk have all the money to seek consultancy so I don’t think he would do it without the ignorance to the law.

Tesla was just one fo the products Elon Musk was able to produce with his cleverness and ability to get a very good team members with him. And I don’t think he will let that company go down just because of market manipulation which we know that he can totally influence without moving a single finger.

[virasog]

Tesla company is just being wise in this aspect. The company is taking advantage of its influencing power not just for their advantage but for everyone. For me, no crime has been involved here. They opened to the public their investment decisions and it's up to the people to when will they stop riding.

Tesla has not scammed anyone. If they openly told their investment decisions and other people are following it then what's fault in it. They never force anyone to copy the same investment strategy. I think this may be called manipulation but its not illegal  as the big players have enough money and influence to move the market and that is what Tesla tends to do.

[Rruchi man]

Bitcoin still remain decentralised and is opened to every level of investor irrespective of your purchasing power. To me i feel he took advantage of the trend and also utilized his funds wisely by investing in a project he believed would secure a lasting future both for him and his company alike. Tesla shouldn't be blamed here assuming you owned the company or you happend to be the CEO you would have bought more

[ModelT]

Getting long and getting loud has been a commonly accepted tactic on Wall Street. Musk has made some questionable tweets about Tesla shares https://mattelston.com/2021/02/10/elon-musk-a-reverse-psychology-genius/ (as well as his going private at $420/share tweet)
and been chastised by the SEC .

In the case of crypto, I think Tesla backed the wrong coin,
https://mattelston.com/2021/03/24/teslas-bitcoin-folies/
but if the SEC gave Musk only a slap on the wrist for past tweets involving his own company, its likely they will go even lighter re btc.

[Bilgent]

This is absolutely a market manipulation of course. We've seen how much the market was affected by Tesla's buying a lot of BTCs. Bitcoin price just literally went to the moon after it. But I don't think that Tesla will be charged for it. It is the nature of this market in the end, it's easily manipulable.

[CaVO32]

Bitcoin still remain decentralised and is opened to every level of investor irrespective of your purchasing power. To me i feel he took advantage of the trend and also utilized his funds wisely by investing in a project he believed would secure a lasting future both for him and his company alike. Tesla shouldn't be blamed here assuming you owned the company or you happend to be the CEO you would have bought more

I am also with you here. In this market, everyone is free what to do with their funds. It is just that, Tesla is a big company with huge investments in bitcoin. So every little movement they will take, will be under the microscope of many people. But come to think of it, they are just one of the businesses that are into crypto. So whatever they feel will give them better opportunity, they will take it. So for me, I don't think it is a market manipulating but just taking advantage of the opportunity, and I guess, it will be the same for all of us. If you have the opportunity, why not take it, right?

[Maslate]

Bitcoin still remain decentralised and is opened to every level of investor irrespective of your purchasing power. To me i feel he took advantage of the trend and also utilized his funds wisely by investing in a project he believed would secure a lasting future both for him and his company alike. Tesla shouldn't be blamed here assuming you owned the company or you happend to be the CEO you would have bought more

I am also with you here. In this market, everyone is free what to do with their funds. It is just that, Tesla is a big company with huge investments in bitcoin. So every little movement they will take, will be under the microscope of many people. But come to think of it, they are just one of the businesses that are into crypto. So whatever they feel will give them better opportunity, they will take it. So for me, I don't think it is a market manipulating but just taking advantage of the opportunity, and I guess, it will be the same for all of us. If you have the opportunity, why not take it, right?

You can't blame some people for thinking that Musk uses his influence to manipulate the market.

Maybe they have not ridden with hype yet or missed the DOGE hype which already makes a lot of investors earn a big profit.

Tesla is own by Elon, he is one of the richest in the world, his popularity and influence are big, so he should be careful with his statement, hyping the market might attract the newbie to invest blindly which they will just panic once the correction happens.

[Lorence.xD]

This is absolutely a market manipulation of course. We've seen how much the market was affected by Tesla's buying a lot of BTCs. Bitcoin price just literally went to the moon after it. But I don't think that Tesla will be charged for it. It is the nature of this market in the end, it's easily manipulable.

I guess they just have to get away with it, this is the shortcomings of decentralization, people can commit insane stunts without consequences. Now that I look at his manipulation, I think that we can use it to our advantage if we know when they are going to pump it.

[MIner1448]

There was definitely a manipulation and everyone knows about it, but there is nothing transcendental to my opinion, because Elon manipulated thanks to his name and the brand that brought him a lot of money. He's a handsome man, I can't say anything, he earned so beautifully, in his own name, he is my idol;)

[Taskford]

Bitcoin still remain decentralised and is opened to every level of investor irrespective of your purchasing power. To me i feel he took advantage of the trend and also utilized his funds wisely by investing in a project he believed would secure a lasting future both for him and his company alike. Tesla shouldn't be blamed here assuming you owned the company or you happend to be the CEO you would have bought more

I am also with you here. In this market, everyone is free what to do with their funds. It is just that, Tesla is a big company with huge investments in bitcoin. So every little movement they will take, will be under the microscope of many people. But come to think of it, they are just one of the businesses that are into crypto. So whatever they feel will give them better opportunity, they will take it. So for me, I don't think it is a market manipulating but just taking advantage of the opportunity, and I guess, it will be the same for all of us. If you have the opportunity, why not take it, right?

You can't blame some people for thinking that Musk uses his influence to manipulate the market.

Maybe they have not ridden with hype yet or missed the DOGE hype which already makes a lot of investors earn a big profit.

Tesla is own by Elon, he is one of the richest in the world, his popularity and influence are big, so he should be careful with his statement, hyping the market might attract the newbie to invest blindly which they will just panic once the correction happens.

Actually he has a background of same doing but this is on tesla stock read this https://www.google.com/amp/s/abcnews.go.com/amp/Technology/wireStory/tesla-shareholder-suit-elon-musk-tweets-remains-hold-70775549

I'm thinking that he stop doing that on their stock and change it on crypto especially on Doge since no one can sue him there if he want to do a certain hyping or manipulation on the said coin.

Although many people got a huge profit with it still you are at risk if you aim to hold for more longer years since we really don't know on when Elon or other rich comrades will dump their coin so for newbies don't buy at FOMO to avoid losing your money.

[pinggoki]

To those who really has the knowledge in crypto, they know that Elon Musk and the Tesla is just manipulating bitcoin especially the market in which they just want to earn and take more profit by hyping and hyping it to other people so that the price or the value of it to the market goes up and up. To be honest not all in the crypto wants the manipulation that has been doing by the Tesla and its founder Elon because of this market manipulation many people being manipulate and don't know how they will get back their money who has been invested on a very high amount of bitcoin.

[rhomelmabini]

To those who really has the knowledge in crypto, they know that Elon Musk and the Tesla is just manipulating bitcoin especially the market in which they just want to earn and take more profit by hyping and hyping it to other people so that the price or the value of it to the market goes up and up. To be honest not all in the crypto wants the manipulation that has been doing by the Tesla and its founder Elon because of this market manipulation many people being manipulate and don't know how they will get back their money who has been invested on a very high amount of bitcoin.

Only noobs and FOMO guys will buy there calls now I think the law of diminishing returns finally hit on him, the tweets doesn't that much of a show right now. Though most of his followers are permabulls, I am not saying that it is not good for this market but I think he should refrain from it anymore. We just don't know he states a bull tweet yet he sold some of his assets that's totally bias considering the space isn't yet regulated.

[MrcMrc]

To those who really has the knowledge in crypto, they know that Elon Musk and the Tesla is just manipulating bitcoin especially the market in which they just want to earn and take more profit by hyping and hyping it to other people so that the price or the value of it to the market goes up and up. To be honest not all in the crypto wants the manipulation that has been doing by the Tesla and its founder Elon because of this market manipulation many people being manipulate and don't know how they will get back their money who has been invested on a very high amount of bitcoin.

Only noobs and FOMO guys will buy there calls now I think the law of diminishing returns finally hit on him, the tweets doesn't that much of a show right now. Though most of his followers are permabulls, I am not saying that it is not good for this market but I think he should refrain from it anymore. We just don't know he states a bull tweet yet he sold some of his assets that's totally bias considering the space isn't yet regulated.

Tesla as a company is just taking advantage of the present market and that is all that cryptocurrency investment is about, the fact is Elon Musk will constantly continue to tweets to support whatever coin he is holding.

[kryptqnick]

What Tesla did with bitcoin could be considered market manipulation, and that's a serious crime considered by the US government. The fact that the company invested $1.5B and make it public that bring a lot of investors to bitcoin, and after that, we see how bitcoin has a crazy jump in the prize, and now they sold the 10% when bitcoin was on its ATH.

As a reference, I will leave this link: https://www.fbi.gov/scams-and-safety/common-scams-and-crimes/market-manipulation-pump-and-dump-fraud

So, the question is, did tesla make market manipulation and you think the company will be charged for it?

Honestly, I didn't know that pump and dump was illegal. I mean, surely it's a morally questionable and harmful strategy, but making it illegal seems a little far-fetched to me. And isn't it what guys on Wall Street do all the time? Isn't it how trading largely works?
In any case, Tesla invested in BTC and announced it. This definitely doesn't qualify as anything illegal. And any company has the right to cash out on investments whenever they see fit.
Besides, Bitcoin is not low on trading volume, so I don't think investments into it can lead to legal action.

[$crypto$]

To those who really has the knowledge in crypto, they know that Elon Musk and the Tesla is just manipulating bitcoin especially the market in which they just want to earn and take more profit by hyping and hyping it to other people so that the price or the value of it to the market goes up and up. To be honest not all in the crypto wants the manipulation that has been doing by the Tesla and its founder Elon because of this market manipulation many people being manipulate and don't know how they will get back their money who has been invested on a very high amount of bitcoin.

We do not know if it is true that they completely manipulate so that many people are hypnotized by it? there is no legal basis in this case maybe everyone can do it but this is still a secret, we know Elon Musk's tweets are always controversial, even many are waiting for what is said in these tweets, therefore we must know that the market is moving on its own and no whale can control all of his this is just a blow to those who want to buy less.
And only Tesla's investments are in the opinion right now everywhere.