Hacker News Reader

Because he’s making his stance public with the knowledge and expectation that his followers will act on it and, in acting on it, will change the price.

I think it's because no other properties of it have changed in the meantime, so one might think it's either arbitrary and irrational or manipulation and rational.

Other properties have changed tho[0]. All these markets are like a river, constantly changing. Elon is only one stone.

[0] some businesses have started accepting Doge, many new FOMO participants among other things

Because Tesla or him are in fact not selling their Bitcoin assets. He might as well be buying bitcoin or another crypto asset now.