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Comment by toomuchtodo | Hacker News Reader

An equally reasonable explanation is that he's overly optimistic and he's on the spectrum, and the bitcoin play is a hedge [1].

[1] https://www.linkedin.com/pulse/what-i-really-think-bitcoin-r... | "Bitcoin looks like a long-duration option on a highly unknown future" -- Ray Dalio

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You can’t be a bit on the spectrum. Either you are on the spectrum or not.

no. there are gradients of autism. https://link.springer.com/article/10.1007/s10803-016-2760-2

> gradients

aka "the spectrum"

I thought the whole point of the idea of "the autistic spectrum" was that everyone was on it to some degree?

This move will wipe out all carbon savings that Tesla has achieved within a short period of time.

It shows he is completely uninterested in actually being environmentally friendly.

Ehh, credit where credit due. States and governments wouldn't be enacting future combustion vehicle sales bans and GM didn't run a Superbowl ad [1] about switching to EVs had Tesla not existed and pushed hard towards an EV future. Consider the returns on the entire world electrifying light vehicle mobility due to Tesla and Musk's efforts. Don't miss the forest for the trees. I suppose you could make the argument that if Tesla has enough cash reserves to invest in bitcoin, they are no longer financially engineering aggressively (investing all working capital in capex to grow faster).

I still think bitcoin is a suboptimal value of store considering it's power requirements, but I can see what's attractive about it to those who want to store significant amounts of value in a macro environment where every central bank is racing to devalue their fiat faster (whether through "money printer goes brrr", negative interest rates, etc).

[1] https://www.theatlantic.com/science/archive/2021/02/why-gms-...

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