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Author Topic: I speculate Tesla has sold their coins  (Read 955 times)
kapalmabur
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June 04, 2021, 11:28:44 PM
 #81

They could've probably done it but I think they bought around this price point so I don't think that there is a possibility that they have already sold their bitcoins. Plus, we would feel it in the market when they have sold everything that they currently hodl, I am sure of that because we also felt the increase when they bought those bitcoins.

No one knows what actually happened other than Elon Musk and other Tesla shareholders. But most likely Tesla has already sold the Bitcoin it owns,
if we look at the price of Bitcoin now it has fallen quite far. I think it's also possible that Tesla has bought Bitcoin again, but not as much as Tesla has
bought before. Because the price of Bitcoin has still failed to pass the $40k price, it means that there are still some whales who haven't bought
Bitcoin yet. Since a company as big as Tesla won't be rushing to buy Bitcoin in large quantities anymore, they want to see the Bitcoin price movement first.

I doubt that tesla bought again since so far Elon still fudding bitcoin and I'm sure he will not do that if he hold bitcoins at this moment so expect that there are fuds coming since Musk loves to manipulate the market. So make sure that you will not hype and be prepared for the next action.
I also think so, the FUD that Elon made is one of the real results that Tesla is very likely to sell their Bitcoin,
and will buy it when the decline occurs, it does seem forced, but this seems to be real.
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June 04, 2021, 11:38:05 PM
 #82

Elon has clarify that speculation several hours ago if TESLA hasn't sold any bitcoin. Case closed.
I don't think the case is closed. No one can prove what he said is true. Personally, I don't trust him and what he said can be another trap.
He isn't a stupid holder that wants to risk his investment by spreading FUDs about it. He can have the purpose to buy again at a cheaper price by spreading FUDs, but it is not the style of an expert like Elon Musk. As he is an experienced man in the investment field, I am sure he will choose the safest way to treat their crypto-asset if he and Tesla are still holding it.
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June 05, 2021, 01:02:07 PM
 #83

That should be the plan, even big companies who are purchasing bitcoin, people should not view it as if they will hold longer as we did. it's a company, they are in a business and as much as possible they would not take a high-risk asset in their account, so instead of holding it for the long term, they can just sell it for easy profit then buy at dip when they see an opportunity, it's very simple for them as they can affect the market due to their influence being a whale.

People keep forgetting these companies are not run by one or two people anymore but a whole board of directors,,, each with their own advisors.

These days you have to see and table proposals,,, then take it to vote,,, and then fight with those who disagree. And then you have to get legal advice on whether what you do is called manipulation.

This did not happen.

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fancy2973
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June 05, 2021, 01:30:05 PM
 #84

That should be the plan, even big companies who are purchasing bitcoin, people should not view it as if they will hold longer as we did. it's a company, they are in a business and as much as possible they would not take a high-risk asset in their account, so instead of holding it for the long term, they can just sell it for easy profit then buy at dip when they see an opportunity, it's very simple for them as they can affect the market due to their influence being a whale.

People keep forgetting these companies are not run by one or two people anymore but a whole board of directors,,, each with their own advisors.

These days you have to see and table proposals,,, then take it to vote,,, and then fight with those who disagree. And then you have to get legal advice on whether what you do is called manipulation.

This did not happen.

I would sincerely argue that Tesla is mostly run by Elon Musk. He does have all kinds of personnel, that is beyond doubt, but he has unlimited influence and power within the company. He also holds an usual high amount of shares at that stage and valuation of a company as he never sold any, at least he claimed that, but instead bought even more. I think for Tesla it is the case that it is mostly about Musk. Not only in public, but in reality.

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Lorence.xD
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June 05, 2021, 01:55:46 PM
 #85

People keep forgetting these companies are not run by one or two people anymore but a whole board of directors,,, each with their own advisors.

These days you have to see and table proposals,,, then take it to vote,,, and then fight with those who disagree. And then you have to get legal advice on whether what you do is called manipulation.

This did not happen.
I forgot about this and you are right, there is a board that will have to decide on what to do next in terms of decision. I think it will be difficult for Tesla to do the decision of selling bitcoin because they won't get a lot out of it if they sold right now.

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Mahanton
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June 05, 2021, 09:35:35 PM
 #86

People keep forgetting these companies are not run by one or two people anymore but a whole board of directors,,, each with their own advisors.

These days you have to see and table proposals,,, then take it to vote,,, and then fight with those who disagree. And then you have to get legal advice on whether what you do is called manipulation.

This did not happen.
I forgot about this and you are right, there is a board that will have to decide on what to do next in terms of decision. I think it will be difficult for Tesla to do the decision of selling bitcoin because they won't get a lot out of it if they sold right now.
How about if its included into those times on where bitcoin is going down from 50k+ to 30k? We cant determine on who had actually sell off those times and we cant point out if Tesla havent sold out nor touched their coins.Therefore its really hard to make up conclusions if we arent really sure if those coins are still in intact but honestly, why would need to be an issue if they do sell it out? Its their fund or money and they do have the full rights on what they would gonna do and its none of our business if they do tend to sell it out for profits or in break even state, no one really knows.

R


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June 06, 2021, 03:05:34 PM
 #87

People keep forgetting these companies are not run by one or two people anymore but a whole board of directors,,, each with their own advisors.
I would sincerely argue that Tesla is mostly run by Elon Musk. He does have all kinds of personnel, that is beyond doubt, but he has unlimited influence and power within the company. He also holds an usual high amount of shares at that stage and valuation of a company as he never sold any, at least he claimed that, but instead bought even more. I think for Tesla it is the case that it is mostly about Musk. Not only in public, but in reality.

You do not need to argue, you just need to look at the facts from https://www.investopedia.com/articles/insights/052616/top-4-tesla-shareholders-tsla.asp

1. He did not found Tesla.
2. Yes, he leads it, but he does not have unlimited power/influence
3. He has over 20% total stock but that is not even 1/5 and nowhere close to simple majority.
4. His salary even is approved by BoD.

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June 09, 2021, 04:07:03 AM
 #88

@leea-1334. Tesla’s average purchase price for their investment in bitcoin is $34,200 according to this article. How much lower will bitcoin need to dump before Tesla’s share holders and board of directors begin to pressure Elon and the company to test the market’s liquidity again? It also appears Elon is being careful on twitter hehehe.



Estimates have suggested that Tesla bought its $1.5 billion BTC stash at an average price of $34,200 a coin.

Source https://coinmarketcap.com/alexandria/article/revealed-how-much-profit-tesla-has-made-after-buying-bitcoin

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June 09, 2021, 01:32:18 PM
 #89

@leea-1334. Tesla’s average purchase price for their investment in bitcoin is $34,200 according to this article. How much lower will bitcoin need to dump before Tesla’s share holders and board of directors begin to pressure Elon and the company to test the market’s liquidity again? It also appears Elon is being careful on twitter hehehe.



Estimates have suggested that Tesla bought its $1.5 billion BTC stash at an average price of $34,200 a coin.

Source https://coinmarketcap.com/alexandria/article/revealed-how-much-profit-tesla-has-made-after-buying-bitcoin

So they probably have sold their bitcoins, they are not stupid, they know how to play the game and I don't believe they will hold for the long term when Elon himself has criticized bitcoin due to high power consumption, and he was shilling Dogecoin which is not good for his reputation.

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June 10, 2021, 07:08:04 AM
 #90

@Botnake. They have not sold. I am not certain but it appears that Tesla does not need to wait until their quarterly report. They might be required to file a report with the SEC that they have sold or will sell on a given date as a public company.


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June 10, 2021, 07:31:08 AM
 #91

That should be the plan, even big companies who are purchasing bitcoin, people should not view it as if they will hold longer as we did. it's a company, they are in a business and as much as possible they would not take a high-risk asset in their account, so instead of holding it for the long term, they can just sell it for easy profit then buy at dip when they see an opportunity, it's very simple for them as they can affect the market due to their influence being a whale.

People keep forgetting these companies are not run by one or two people anymore but a whole board of directors,,, each with their own advisors.

These days you have to see and table proposals,,, then take it to vote,,, and then fight with those who disagree. And then you have to get legal advice on whether what you do is called manipulation.

This did not happen.

I would sincerely argue that Tesla is mostly run by Elon Musk. He does have all kinds of personnel, that is beyond doubt, but he has unlimited influence and power within the company. He also holds an usual high amount of shares at that stage and valuation of a company as he never sold any, at least he claimed that, but instead bought even more. I think for Tesla it is the case that it is mostly about Musk. Not only in public, but in reality.
You should try to look into Tesla's board of directors as well as the shareholders, Elon has big influence but definitely can't make a decision for the company himself, there must be some people behind that supporting his decision to buy crypto while also
limiting elon's decision to dump btc anytime, after all it's a company, aims to make profit also there's many people in Tesla that more or less influential so you can take that into account.

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June 10, 2021, 08:00:13 AM
 #92

~
I forgot about this and you are right, there is a board that will have to decide on what to do next in terms of decision. I think it will be difficult for Tesla to do the decision of selling bitcoin because they won't get a lot out of it if they sold right now.
How about if its included into those times on where bitcoin is going down from 50k+ to 30k? We cant determine on who had actually sell off those times and we cant point out if Tesla havent sold out nor touched their coins.Therefore its really hard to make up conclusions if we arent really sure if those coins are still in intact but honestly, why would need to be an issue if they do sell it out? Its their fund or money and they do have the full rights on what they would gonna do and its none of our business if they do tend to sell it out for profits or in break even state, no one really knows.

I agree there is no point in arguing about whether Tesla has sold their Bitcoins or not. Because it is very difficult for us to prove this,
because only the leadership and owners of Tesla shares know the truth and it is unlikely that it will be leaked to the public. I don't really
care if Tesla is still HODL Bitcoin or they have already sold it, it's their right what they want to do. But according to my prediction Tesla
has no intention of investing in Bitcoin in the long term, let alone knowing Elon Musk is spreading FUD about Bitcoin. It will be very risky
if they are still holding Bitcoin until now.

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June 10, 2021, 12:17:39 PM
 #93

@Botnake. They have not sold. I am not certain but it appears that Tesla does not need to wait until their quarterly report. They might be required to file a report with the SEC that they have sold or will sell on a given date as a public company.
How come the prices are still doing smooth though? Isn't selling bitcoin can cause those crashes? Also, knowing the behavior of Elon regarding things he do and his companies, I am pretty sure that he will probably tweet about it on Twitter.

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June 10, 2021, 03:12:14 PM
 #94

Honestly I'd love it if they already did. Sure the announcement would drop the price temporarily, but then Musk would have a lot less hold over the market because the speculation around if Tesla will sell will be gone. And likely they'd get back in at some point. Also it'd make Musk look like even more of a joke in the crypto world that he would sell Bitcoin but promotes a joke coin. The best thing that could happen would be to lessen Musk's insane influence over the market and this would help that goal.
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June 11, 2021, 12:15:39 AM
 #95

@Botnake. They have not sold. I am not certain but it appears that Tesla does not need to wait until their quarterly report. They might be required to file a report with the SEC that they have sold or will sell on a given date as a public company.


if they give a report to SEC and explain about their position , market will be clear for a while. some people will give positive or negative response.  personally i am still believe tesla still hold their bitcoin , its signed by elon' tweet.


@leea-1334. Tesla’s average purchase price for their investment in bitcoin is $34,200 according to this article. How much lower will bitcoin need to dump before Tesla’s share holders and board of directors begin to pressure Elon and the company to test the market’s liquidity again? It also appears Elon is being careful on twitter hehehe.



Estimates have suggested that Tesla bought its $1.5 billion BTC stash at an average price of $34,200 a coin.

Source https://coinmarketcap.com/alexandria/article/revealed-how-much-profit-tesla-has-made-after-buying-bitcoin
with 34,2   average price ,no need to dump their assets.their  buying rate still cheap enough although its price will drop again.elon will start positive tweet again if he see bitcoin drop lower his buying rate. 

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June 12, 2021, 04:00:23 AM
 #96

I think they already did when the price was dropping down when Elon was posting negative news about Bitcoin and starting the wave to drop down.
I wouldn't be so surprised about it if they announce it anytime soon or if they would announce that they have bought back some BTC again to drive it back up and sell again at higher price.

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June 12, 2021, 04:45:39 AM
 #97

I believe he sold a big portion of his Bitcoin and made a profit from that, and he is now FUDDING Bitcoin, so he can crash it and buy it at a very low level and then pump it again since he has a lot of followers he can play a dirty game in the market and comes out clean, of course this is not right that one man is taking charge of the movement, the community must show him that we can stand on our own.
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June 12, 2021, 06:38:52 AM
 #98

I don't think Tesla will fool the public by giving false statements if they haven't sold their bitcoin.
tesla is a big company so it's very unethical to give fake news to the public, I'm sure they still have bitcoins, even if they sell they will officially announce it.

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June 12, 2021, 07:04:47 AM
 #99

I believe he sold a big portion of his Bitcoin and made a profit from that, and he is now FUDDING Bitcoin, so he can crash it and buy it at a very low level and then pump it again since he has a lot of followers he can play a dirty game in the market and comes out clean, of course this is not right that one man is taking charge of the movement, the community must show him that we can stand on our own.

Regardless if they sold on not, Musk shouldn't release any statement that will hurt the market in general.

But he did, that's why there are a lot of speculation as what is his reason behind this FUD. It's definitely has something to do with his business, we have heard that they are going to sell solar panel so maybe this is just one reason. If they did sell on top, definitely they have profited big by this time and we can only wait for their next public release of data as whether it is true or not.
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June 12, 2021, 03:27:37 PM
 #100

I don't think Tesla will fool the public by giving false statements if they haven't sold their bitcoin.
tesla is a big company so it's very unethical to give fake news to the public, I'm sure they still have bitcoins, even if they sell they will officially announce it.



from the tweet that he tweeted when the bitcoin price fell some time ago, he said that he would keep and not sell the bitcoin that Tesla had obtained so far, but to be honest I'm a dont  believe it now after knowing his fickle attitude towards crypto.
other than Elon Musk, of course, no one knows whether Tesla has sold their bitcoins or not, but what is certain now is that Elon Musk has made a lot of people, especially crypto lovers, angry, because what he has done so far is like toying with the market with the influence of his tweets.

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