Well no actually, he had already been orange pilled when he put BTC on the Tesla balance sheet, then allowed purchases with bitcoin for a short time. Then he got bamboozled by the woke climate control crowd who said it used too much energy and stopped purchases of Tesla via BTC. Then sold a large part of his stack and hasn't changed his policy since. So he understands BTC, just chooses not to support it. NOT good.
Mind you , I'm a Tesla driver so I support Elon, but this is NOT smart on his part. Nor is his support for Doggy shitcoin over bitcoin.
Not completely false what you said…but he sold a large part of teslas btc bc they wanted to be positive on the bottom line. The way they view btc in accounting terms right now is very unfair to businesses. That will change fairly soon to intangible assets vs writing it down
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