The CEO of Tesla, Elon Musk, interviewed in the Qatar Economic Forum, said he has never said that people should invest in cryptocurrencies.
- Elon Musk claimed he hasn’t called for people to invest in crypto
- He said he and his companies purchased only a “small percentage” in Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions.
- He indicated that he also bought “some” Dogecoin.
- He spoke of a 10% cut in the workforce at Tesla
The CEO of Tesla, Elon Musk never ceases to attract attention with his comments, which move between frankness, contradiction and irony.
In conversations with the editor-in-chief of Bloomberg News, John Micklethwait, en el Qatar Economic Forum, Elon Musk, was interviewed to touch on the topic of cryptocurrencies. This is the video:
The editor told him that over the weekend Musk tweeted his support for a cryptocurrency, despite the “butcher shop” current. He asked him if he thought they should still be invested in.
Specifically, Musk denied saying that people should invest in cryptocurrencies, but he did confirm having some investments in Bitcoin:
So he said:
“I’ve never said people should invest investing is when you put money in a financial scheme with the intent of making a gain. in cryptocurrencies. In the case of Tesla, SpaceX, myself, we all buy some Bitcoin, but it’s a small percentage of our total cash cash is the most liquid form of money: physical coins and banknotes in the most narrow sense of the term. assets. So it’s not that significant. I also bought some Dogecoin and Tesla accepts that currency currency is a medium of exchange that defines value. for some merchandise.”
More about Dogecoin
During the interview with Bloomberg, Musk also indicated:
“I intend to personally support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. Dogecoin.” He says he receives requests from many people who are not so wealthy to support the currency. “So I’m responding to that. “.
The price drop is not an obstacle to keep talking about the meme currency:
“I’ve been asked to support Dogecoin. So I’m doing that. And I think it’s down a lot. It’s down 80, 90 percent… I said I support Dogecoin and I’m doing it.”
Over the weekend, prior to the interview, Musk reiterated on Twitter your fanaticism for cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. doggy meme, Dogecoin (hence the question posed by the editor of Bloomberg). That he did despite the current crypto slump.
“I will continue to support Dogecoin.”
I will keep supporting Dogecoin
– Elon Musk (@elonmusk) June 19, 2022
It is worth recalling that Musk is being sued along with Tesla y SpaceX por la bicoca USD $ 258 mil millones. A U.S. citizen and investor from Dogecoin, Keith Johnson, accused them of pumping crypto. In addition, the accuser has alleged that the billionaire was part of an organized crime scheme to back the meme cryptocurrency.
Many times, Musk has talked about Dogecoin and has done, with simple tweets The fact that his price goes up or down, as his followers make decisions based on his brief comments, many of them quite cryptic or playful. One such time was in January of this year, when the businessman said that he would be I would eat a Happy Meal on TV if McDonald’s accepted Doge.
Twitter, Tesla, Donald Trump y otros temas
But Musk didn’t just talk about cryptocurrencies in the interview with the editor-in-chief of Bloomberg News . Here are some more of his answers on key issues.
On the acquisition of Twitter said there are still some “unresolved issues “. He added: “Está la cuestión de si la parte de la deuda de la ronda se unirá y luego los accionistas votarán a favor”.
He also said: “I feel like the longer he drags out the bot argument, the more he convinces himself (and presumably investors) that I signed a bad deal with respect to Twitter.”
He also said that a recession in the United States “it’s inevitable at some point” . But he doesn’t think it will be soon: “As to whether there’s a recession in the near term, it’s more likely than not.”
He also talked about job cuts at his electric car company: “Tesla is reducing its salaried workforce by approximately 10% over the next three months or so. We expect to grow our hourly workforce. We grew too fast on the salaried side, we grew too fast in some areas.”
Supply constraints are the biggest brake on the growth of the Tesla, rather than competition from rival automakers, in their view: “Our constraints are much more on raw materials and being able to increase production.”
In addition, about his company he said proudly: “From my point of view, we are the leading real-world artificial intelligence company out there.”
On another note, when asked if he would support Donald Trump in the upcoming U.S. presidential election: “I’m undecided right now about that choice.”
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