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(1/7) 4D Chess Riddle: Why Tesla Purchased $1.5B Bitcoin (DD)
Note: very bullish. This is a 4D chess riddle. My solution.
Yes I have seen the @aureliuscapital video. Assumptions now 1) Tesla has $20B 2) Tesla has $1.5B btc.
Note: very bullish. This is a 4D chess riddle. My solution.
Yes I have seen the @aureliuscapital video. Assumptions now 1) Tesla has $20B 2) Tesla has $1.5B btc.
(2/7) 3) @aureliuscapital video explains how btc helps the quarter by quarter accounting. 4) accumulation of btc is not a taxable event 5) @elonmusk has guided for “materially greater than 50% y/y top line growth for several years”.
(3/7) 6) Unlike companies like amazon that can pile all free cash into growth and expansion @elonmusk has told you he cannot spend money faster and is growing at the maximal rate possible. 6) FSD/economies of scale about to grow the bottom line (profit) at a much higher rate...
(4/7) than the 50%y/y top line (revenue) estimate Elon is guiding for. Just ask @tesladaily. Ask @warren. 7) the world is about to see a cash flow machine that hasn’t been seen since standard oil times. Look at the alien dreadnaught factory video. Battery day. FSD beta.
(5/7) 8) this company is likely to grow 50%y/y and soon will have so much money piled on money they will simply have no way to even use it. (Think apple and Berkshire cash stacks x10. 9) profit is taxable. Taking in 2 btc for a FSD purchase is not a taxable until the btc is sold
(6/7) Conclusion: MONEY TREE HAPPENING. Look for late 2021 and the profit to absolutely skyrocket. They will not be able to spend it. They will be maximally growing. Bitcoin is the only way to hold this capital and enrich the business and value of the business w tax efficiency.
Elon:”in retrospect this was inevitable”. What could this mean?? This solves what he was saying there. It’s the only way to enrich the company without getting smoked on taxes. Elon is not doing this for speculation. There is a much deeper reason.
Why else would it be “inevitable?” Strange choice of words.
Curious for feedback from @Proxima06_Aiai @AlternateJones @jasondebolt @stevenmarkryan @hikingskiing @WholeMarsBlog @Gfilche @JosephVVallace @Teslaconomics et al... why do you guys think he got BTC? Speculation? Investment?
