TSLA - Gary Black Rejects Idea That Tesla Repurchase Bitcoin Tells Proposer: 'Please No. You Can Buy BTC As An Investor' | Benzinga
Gary Black, a well-known Tesla advocate and the Managing Partner of Future Fund, has publicly disagreed with the idea of Tesla Inc. (NASDAQ:TSLA) repurchasing Bitcoin (CRYPTO: BTC). Black voiced his opposition on the social media platform X on Monday.
What Happened: Black’s statement responded to an X user, who proposed that Tesla should contemplate buying back the Bitcoin it had previously sold. Tayar’s suggestion was posted on a thread by Black that discussed common investor errors when comparing a stock’s P/E to near-term EPS growth.
Please no. You can buy #BTC as an investor. Why would we want to do that? — Gary Black (@garyblack00) March 25, 2024
“Please no. You can buy #BTC as an investor. Why would we want ...