Tesla invested $1.5 billion in BTC in Q1 2021 but sold 75% of its holdings in Q2 2022. Musk explained at the time that the company is “certainly open” to increasing its bitcoin holdings in the future, noting that the sale was due to concerns about the company’s overall liquidity, “given Covid shutdowns in China.”
I expect that they will buy during this year, for example, in Q4, and then in January, they will pump positive news, and then before the end of the year, they will sell that investment. It is a guaranteed profit with low losses and an opportunity to double revenues, especially with the losses due to the Twitter deal.
Elon Musk has fickle opinions and you should not believe a word he writes. He loves to steal the spotlight and he may do so soon.