I completely agree with your opinion @crypto.piotr
The Tesla bubble will burst at some point, and what I want to see is if the rest of that “category” or ETF (for electric vehicles) will drop as well or if one of Tesla’s direct competitors will grab the value (Li, Xpeng, etc). Now even though he didnt actually say it (for obvious reasons) even if the Tesla shares fall, he disn just hedge inflation with the BTC, but also that same bubble burst - and with a good write off with the stock decrement, and a taxation rate that wont “directly hit in a major way” (whatsoever) with the BTC increment (if they decide to sell and swing the BTC) their liquid asset increment portion will balance out the cashflow for the company regardless of any stock decrement. The correlation you in fact mention between Tesla and BTC is more profound that is noticeable and here is my rationale - that guru aura that EM has earned, he used it to translate what happened with Teslas stock over the last 12 months, to BTC, and it will be noticeably interesting if other companies (especially cash cows) follow his leas to hedge not only inflation but their own companies BETA.
Its just an opinion ( I apologize for my poor english explanation skills haha)
Good post @crypto.piotr
Thanks
Dear @davidgutre
I appreciate you dropping by and sharing your thoughts with me on this particular subject.
ps.
I found it interesting that just few days after this post, shares of Tesla on stock market crashed down rapidly and BTC crashed as well at the very same moment.
It's hard not to see huge corelation between those two. Wouldn't you agree?
ps. you may also find my recent post interesting :).
Cheers, Piotr
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