Samlunch
11-12
$Tesla Motors(TSLA)$  


I just realized $TSLA does indeed own 11,509 Bitcoin...

That stake is now worth $1.03B.

Most of the rise in Tesla probably has to do with Trump and I think very little has to do with Bitcoin but it is something traders could be seeing as a positive reason to continue buying in.

It seems almost inevitable that if $BTC continues to do well and outperform, more and more companies will decide to place a small amount of it on their balance sheets, even if it is via the $IBIT ETF.

Tesla has about $20B in cash so the $1B in $BTC also isn't really a big stake that would worry investors in case of volatility, but any upside move is positive for the stock.

My personal thoughts are that the market believe Trump is going to be one of the best things ever for Elon's ability to fast track regulatory hurdles and get FSD into law soon.

Bank of America recently upgraded $TSLA to $350 almost purely on the basis that Elon's relationship with Trump would be the reason why we could see more excitement.

Then you have rate cuts coming which is a general tailwind.

Here is the big thing that could seriously give Tesla momentum going into 2025: any progress that Elon shows around an order for Optimus...could be something that the street has not factored in at all and a net new form of revenue for the company which would increase growth.

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