Reddit user claiming to be Tesla Insider now says Bitcoin posts were not true

Reddit user claiming to be Tesla Insider now says Bitcoin posts were not true

The original message from the user saying that Tesla buys bitcoin attracted little attention when it appeared on January 2nd.

A Reddit user who claimed in a report a month ago that he was a Tesla Inc insider and knew about the purchase of bitcoin from the electric car maker, said on Tuesday that this was not true.

The original message from the user about Tesla who bought bitcoin attracted little attention when it appeared on January 2nd. But he got a second look on Wednesday, a day after electric carmaker and CEO Elon Musk announced a $ 1.5 billion investment in the cryptocurrency that sent bitcoin. fresh highlights.

Reuters was unable to independently verify the user’s identity whether his initial or subsequent claims were accurate.

Tesla did not respond to an e-mail to the press office.

“I’m a software developer working at R & D in Tesla, California. Our company bought 24,701 BTC in the last 72 hours at an average price of $ 33,142,” the user with the handle TSLAinsider said last month on Reddit mailed.

“I have no idea what will happen if it reaches the newspapers, but I think the price will explode even more,” the user wrote.

“I told you so,” TSLAinsider wrote Monday after Tesla reported on bitcoin. “I’m being laughed at and voted down.”

The user told the New York Post late Tuesday that he was in fact a joker from Germany.

“If you want to know the truth: I’m a young German guy and was on Acid while doing this post last month,” the Post quoted him as saying. “I had this afflatus that Elon was going to buy Bitcoin, so I created this troll post.”

News Beep

The user, who told the Post he was Hendrik, told Reuters the information in the New York Post article was correct.

Tesla said it started buying bitcoin in January. The New York Post added that Tesla had to start buying bitcoin with the timeline on the Reddit post at the end of December.

Moderators in r / Tesla, a sub-editor dedicated to posts on the electric car manufacturer, had earlier apparently removed the post. This is left in r / bitcoin, where the cryptocurrency is discussed.

Reddit posters re-viewed the post on Tuesday in light of Tesla’s announcement. ‘Thank you for the head Elon,’ a poster, Valoured, remarked on Tuesday. “Send me a PM (private message) before making the next move.”

The power of social media users on forums like RedStit’s WallStreetBets to collaborate and shift prices has come into focus in recent weeks, after a surge in retail purchases helped drive game drives into shares of GameStop Corp and other so-called meme to raise shares. U.S. Treasury Secretary Janet Yellen last week vowed to protect investors, but said financial market regulators need to thoroughly understand the recent trade rush in GameStop Corp and other retail stocks before taking any action.

Tesla said in its annual report, published Monday, that the decision to move nearly 8% of its reserves to bitcoin is part of its broad investment policy as a company aimed at diversifying and returning its cash returns. maximize, including possession of gold.

(This story was not edited by NDTV staff and is automatically generated from a syndicated stream.)

.Source