In May 2021, Elon Musk shocked the world by losing 14 billion dollars due to one tweet – intentionally! 🚨
When Tesla announced it would no longer accept Bitcoin, the number 1 cryptocurrency… 💔
The consequences were immediate:
📉 Bitcoin prices plummeted.
😱 Markets went into a panic.
🤯 Critics called Elon 'reckless'.
But here’s the twist: it was one of the smartest business maneuvers in history. Here’s why: 🧵
🔹 Strategic market moves
At that time, Tesla owned 1.5 billion dollars in Bitcoin.
The market crashed, giving Tesla the perfect opportunity to buy on the dip, increasing its cryptocurrency holdings at a discount.
🔹 Unmatched PR dominance
Elon's tweet affected not only Bitcoin – it showcased Tesla's influence on global markets.
It became a powerful player in both the financial and crypto worlds.
🔹 Aligning Tesla with sustainability 🌱
