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Follow up on the Shift4 Theory
Nothing is clear, but let's continue to follow the crumbs
Dear Tesla Twitter family,
This is a follow-up 48h after the “Tesla Shareholders, be the wise guys” article. A couple of events happened, that you should all know about:
“Connecting the Dots to Disruption” @ConnectingODots did a great thread where he found that although we don’t have direct access to information on the Twitter Payment LLC founded on Feb 1, 2022 in Delaware, there seems to be the same company incorporated again, this time in the State of Washington, on August 17, 2022, and this time there is a clear link to Twitter headquarters, showing names of Twitter employees. So most probably it was not Elon’s initiative.
At the same time a Twitter friend pointed me to two press releases from Shift4, from this spring:
On March 1th, Shift4 announced two acquisitions to expand international payments and cryptocurrency capabilities
On March 15th, Shift4 and The Giving Block announced a $20 Million Cryptocurrency philanthropy campaign
So I am back to Square One. My big question remains, whether the $4bn so far (and maybe more) of Tesla share sales by Elon are for operating expenses at Twitter, or for a one-of event. And my conviction is still the same as Thursday morning, when I published this tweet:
I am happy that I bought my 250 shares of Shift4 ($FOUR), and do still believe they will play a major role in the coming weeks and months. And I have more questions than answers.
Grateful for your attention, have a good weekend,