I don’t think he’s actively crashing it unless two things are in play.

1) Tesla wants to sell at a loss to use it as a tax write off (which I don’t understand because the loss would huuuge and their cash reserve and profits would take a massive quarterly hit)

2) he wants them to buy more at a lower price (which I’m skeptical about also)

But we’ll see after earnings what their balance sheet looks like.

I think he’s just bringing attention to issues that he feels are big surrounding BTC. I think he’s retarded because most miners use renewable energy and it doesn’t take even close to the amount of energy that charges all those EVs. He’s totally rogue and needs to be put in check, but he has nothing to lose. He’s worth 150 billion.

 

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