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Is Tesla on the way out?

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The marketing material just isn’t compelling anymore.

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Eric Kim’s “Infinite Money Hack” isn’t a hacking trick or a way to print free cash—it’s a cheeky name for his personal investing and lifestyle philosophy.  In a blog post about “How to Make Free Money,” Kim explains that his “hack” involves using capital to buy shares of MicroStrategy (MSTR), a company with large Bitcoin holdings.  He notes that MSTR is “150 % levered long bitcoin,” meaning its stock price tends to magnify Bitcoin’s moves .  Kim’s strategy is to “sell MicroStrategy when it is high” and then “buy Bitcoin when it is low,” with the goal of accumulating as many bitcoins as possible .  He calls MicroStrategy “the vehicle or the channel” for this plan and praises CEO Michael Saylor’s openness about the company’s strategy .→

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ERIC KIM

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