Barney said:
catsanddogs said:
Tesla bought $1.5 billion BTC in Q1
Sold $272 million
Profit $101 million
Probably sold some more in April.
The company shared record-breaking deliveries as sales of more than 184,400 Model 3 and Model Y cars were reported. $TSLA also offered guidance on 50% delivery growth by the end of 2021. If Tesla hits that target, it will deliver a minimum of 750,000 vehicles.
Oh, and it turns out... Elon might have paper hands. Tesla sold more than $1.2B worth of Bitcoin in Q1 after its ~$1.5B purchase back in February.
He knows when to take profits.