Feel Good Friday: Why Did Tesla Stock Go Up, Taylor Mathis, and Mew Crypto
70k Bitcoin. It’s time. Get in here! Besides BTC about to break new highs on this Feel Good Friday we’ll answer why did Tesla stock go up? Who is Taylor Mathis? And why ‘Joker 2’ decided it needed to be a musical.
I mean, come on? The Joker… singing? Someone should have told the director that wasn’t the move.
Before we get into that, ATTENTION Bitcoin holders—here’s the chart that should be etched into your memory today:
If you thought every other crypto cycle had major gains in the first six months after halving, meaning it is unironically different this time, think again. According to the actual price data, we’re right on track (just in time for the election, too!).
Okay, with that out of the way, let’s dive into this week’s Feel Good Friday.
Why Did Tesla Stock Go Up?
If you’re asking why Tesla’s stock went up, the answer is two-fold:
1) Yes, Tesla posted its biggest quarterly profit in over a year.
2) More Importantly, everyone who panic-dumped because Elon got caught using real human operators for his robots was washed out.
If you sold after Tesla’s robotic event earlier in October, you got played. It’s okay.
Next time you buy the dip, double down. For anyone who bought the dip (myself included), TSLA went up +20% on Thursday after its earnings call and is slightly up 2% today.
Tesla is still 35% below ATH.
Many on Reddit or anyone who disagrees with Elon’s political views will take this moment to lecture you that Musk is a carnival barker and that nothing he or his companies claim should ever be believed, and the stock will falter yet again. Don’t believe them. Take emotions out of it and look at Tesla’s long-term view. It’s a 5x from these prices.
Oh, and by the way, Tesla didn’t sell any of its Bitcoin. Quite based.
Who is Taylor Mathis? And What’s New With MEW Crypto
Taylor Mathis, the rising star of sports betting tips with her “Walking Bets” posts, is now finding herself in hot water. The DraftKings ambassador is accused of financial foul play—pushing a self-named crypto token and bailing before the crash.
Is it me, or does something like this seem to happen as often as I take a shower? Which is a lot, I promise.
Anywho, Taylor Mathis’s fans crafted the $TAYLOR token, using her image to get her backing. In exchange for her promotions, Mathis snagged 20 million tokens, a tidy 2% slice of the pie. The token skyrocketed soon after she hyped it to her vast audience, hitting a $6 million market cap, only to nosedive below $1.5 million days later. Sketchy!
The Taylor Mathis situation with $TAYLOR has gotten very messy.
For quick background, Taylor Mathis is a sports betting content creator and analyst for DraftKings, known widely in sports for her "Walking Bets" videos.
Here's where her story meets crypto (and goes south)
TLDR:… pic.twitter.com/JRfL7cBBKt
— TylerD
(@Tyler_Did_It) October 24, 2024
As of now, Taylor is in a Guantanamo Bay holding cell, and they’re planning to do to her what they did to Julian Assange.
Kidding, of course. As of today, Taylor Mathis has locked her X profile, and the DraftKings Ambassador title has vanished from her bio, hinting at a split from the sportsbook giant. If the rumors of market manipulation hold water, intentional or accidental, Mathis might be under the SEC’s microscope.
Lastly, before we get out of here and enjoy the weekend, one altcoin that just hit all-time highs is the meme coin Cat in a Dogs World (MEW). We interviewed the founders of Mew last month, and there seems to be no stopping how high this coin can go! That’s all we got for this week’s Feel Good Friday; enjoy the weekend. Touch some grass!
DISCOVER: Would a Kamala Presidency Really Kill Crypto? You Might Be Surprised
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