Elon Musk generated some monster Alpha in the first quarter. TSLA originally bought $1.5B worth of bitcoin, and as they released earnings today has sold $272M dollars for a net profit of $101M.
https://twitter.com/zerohedge/status/1386779744847413252
- zerohedge
Elon Musk, love him or hate him, is a genius. TSLA just generated more profit from cryptocurrency than SELLING CARS lol.
A Major SPX company just made more money in bitcoin than it's business model.
Genius, troll, lucky? What are your thoughts. I think it is hilarious and a slap in the face to all the "old white guys who don't understand new technology".