Elon Musk Dumping Tesla!! All In On Crypto! Dogecoin, Bitcoin, Ethereum!
Elon Musk, a.k.a. The Dogefather updates as he’s sending the entire mainstream media. The entire media into a frenzy after his latest Twitter poll that he just posted up just a couple of hours ago, where Elon Musk is talking about selling 10 percent of his own eggs of Tesla stock in order to pay basically taxes. And then he’s going to liquidate, which is roughly $20 billion with a Tesla stock.
This could have immense, massive news for the overall crypto market as Elon Musk might come in at $20 billion as he liquidated 10 percent of his Tesla stock earnings and he could be plowing that money into crypto assets.
Elon Musk is about to break the entire internet
Elon Musk liquidated 10 percent of his holdings in Tesla to make a point that what is going on around the U.S. within weather in regards to the tax laws that are going in place with the new administration?
Elon Musk is making a statement, he said “I will abide by the results of this poll, whichever way it goes”. And he puts right here a Biden talking about Joe Biden and his new tax plan for taxing the wealthy. Elon Musk has been an advocate of cryptocurrency, Bitcoin, Dogecoin, Ethereum and main parts and Ethereum being the third one.
The world faces strong inflationary pressure in the short term and it may persist warns the richest man in the world, Elon Musk in a debate about inflation. Talking about inflation globally is here to stay in the short term and possibly even longer than that. Now we’re seeing Elon Musk make a statement on Twitter talking about liquidating $20 million with the Tesla stock, which would go into cash.
He will obviously have to pay taxes on that capital gains. But then Elon Musk would be stuck with $20 billion of cash. He will not be holding the bag in cash. I believe that Elon Musk is about to break the entire internet and could make a market statement for a mass adoption for cryptocurrency.