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It was the difference between negative and positive cash flow. They sold just for perception reasons.
by nojito 4y ago
It was the difference between negative and positive cash flow. They sold just for perception reasons.
- parasense 4y ago> They sold just for perception reasons. Based on the charts, as best I can tell those bitcoins were probably bought and sold at approximately the same price range. This assumes the buying prices in February 2021, and selling Q1 2022. One might speculate Tesla set-up an automatic stop-loss trade. I dunno, during economic recessions it's generally wise financial advice to park cash on the sidelines, liquidate fluid assets, etc..