21–30 of 32 posts
So much for hodling.
Earlier quoted context omitted.
Okay ¯\_(ツ)_/¯ The market doesn’t care how we feel. People want cars. Sell them electric cars. Tesla can’t build them fast enough to meet demand. Those vehicle batteries (along with stationary storage batteries) will be recycled at end of life by Redwood Materials into newer, better batteries in 5-15 years. These cars will never burn petroleum, and will get cleaner as the grid gets cleaner. The price of refined petro…
"the market" won't start really replacing Tesla's vehicles until the value proposition is there. Unfortunately (as you highlighted), Teslas can't be made fast enough to fill the market, and they can't be sold cheap enough to out-saturate the truly awful ICE-vehicles. As long as it's legal to drive grandpa's $400 Buick, people will consistently pick cars that are cheap and destructive. That's just how our market works…
And then it will get harder and harder to keep them running. All the while EVs steadily dropping in price. Its a slow burn.
Earlier quoted context omitted.
We need to be smarter about co2. We don't price in the real cost of Bitcoin. Every co2 we put out there without it doing specific work before like smelting or transporting critical goods is co2 we need to remove which we wouldn't otherwise. It sure is better for Tesla to make cars out of it, calling this whole story a net benefit is just Missleasing.
I’m not really following what you’re saying here. Should BTC be more expensive because of the relative CO2 impact?
> As of the end of Q2, we have converted approximately 75% of our Bitcoin purchases into fiat currency. Conversions in Q2 added $936M of cash to our balance sheet. Like I said before, a year ago, they are not looking to HODL their bitcoin. They are here to make money out of the hype in the form of a pump and dump and psychological manipulation. Q2 suggests they sold at around $45K to $31K. [0] As predicted and expect…
So much for hodling.
i'm sure they will buy back in after the coming massive crash. buckle up!! hedge funds, too big to fail banks, major wall street firms etc. etc. are all going to zero. the Ponzi Scheme that is the US economy is coming to an end and Gamestop is the linch pin. thanks to illegal naked short selling there are BILLIONS of counterfeit GME shares sold short that MUST be purchased back. this will be the largest transfer of w…
The crypto part I am not too informed on.
> As of the end of Q2, we have converted approximately 75% of our Bitcoin purchases into fiat currency. Conversions in Q2 added $936M of cash to our balance sheet. Like I said before, a year ago, they are not looking to HODL their bitcoin. They are here to make money out of the hype in the form of a pump and dump and psychological manipulation. Q2 suggests they sold at around $45K to $31K. [0] As predicted and expect…
No sane person is looking to hodl anything. You buy investments when you expect they will go up and sell them when you expect them to go down. I’m not sure why you’d feel you predicted something here. Everyone knew they’d protect their investments.
Earlier quoted context omitted.
i'm sure they will buy back in after the coming massive crash. buckle up!! hedge funds, too big to fail banks, major wall street firms etc. etc. are all going to zero. the Ponzi Scheme that is the US economy is coming to an end and Gamestop is the linch pin. thanks to illegal naked short selling there are BILLIONS of counterfeit GME shares sold short that MUST be purchased back. this will be the largest transfer of w…
Why do you feel this way? Can you link any studies. I think you are right with GME/AMC/BB, there is something about the short float. The crypto part I am not too informed on.
Earlier quoted context omitted.
i'm sure they will buy back in after the coming massive crash. buckle up!! hedge funds, too big to fail banks, major wall street firms etc. etc. are all going to zero. the Ponzi Scheme that is the US economy is coming to an end and Gamestop is the linch pin. thanks to illegal naked short selling there are BILLIONS of counterfeit GME shares sold short that MUST be purchased back. this will be the largest transfer of w…
Why do you feel this way? Can you link any studies. I think you are right with GME/AMC/BB, there is something about the short float. The crypto part I am not too informed on.
Earlier quoted context omitted.
We need to be smarter about co2. We don't price in the real cost of Bitcoin. Every co2 we put out there without it doing specific work before like smelting or transporting critical goods is co2 we need to remove which we wouldn't otherwise. It sure is better for Tesla to make cars out of it, calling this whole story a net benefit is just Missleasing.
I’m not really following what you’re saying here. Should BTC be more expensive because of the relative CO2 impact?
BTC creates ton of co2.
Co2 is the problem.
We can't afford btc