Elon Musk’s response to His simple answer – “True” – came after a widely shared post linking recent gains in gold, silver and Bitcoin to heavy government spending and currency depreciation. Markets and crypto fans quickly noticed.
Musk’s short answer indicates interest
According to the post by ZeroHedge, which has more than 2 million followers, the meetings were related to what the author called an AI arms race between the US and China, and large-scale budget spending.
Musk agreed with the thread. He added a view that echoes a general pro-Bitcoin line: fiat can be printed, while Bitcoin’s link to energy gives it a different kind of support. That one-word response reopened a conversation that many thought had cooled.
The money is not the problem: AI is the new global arms race, and the investments will ultimately be financed by governments (US and China). If you want to know why gold/silver/bitcoin is skyrocketing, this is the “cut” to fund the AI arms race.
But you can’t print energy https://t.co/qwdD8QbVON
— zerohedge (@zerohedge) October 14, 2025
WHERE.
That’s why Bitcoin is based on energy: you can issue fake fiat money, and every government in history has done so, but it’s impossible to counterfeit energy.
— Elon Musk (@elonmusk) October 14, 2025
Tesla’s past moves and holdings
Based on reports, Tesla bought $1.5 billion worth of Bitcoin in early 2021 and said it would use the currency as payment for cars. But the deal was short-lived.
The company soon stopped accepting Bitcoin over concerns about the mining’s heavy energy consumption and said it would only be able to resume payments after a major move toward renewable mining practices.
By mid-2022, Tesla sold off about 75% of its assets, a move that occurred near a market low and attracted widespread attention. According to Arkham Intelligence, Tesla still owns approximately 11,509 BTC ($111,466.00), which is worth approximately $1.25 billion at current prices.
What the market could be looking at
Traders read signals. A single public statement of support from a prominent executive caused prices to move even more. That was the case in 2021, when Tesla’s investment and payment plan helped improve sentiment.
Now the context is different. Crypto markets are larger and more diverse, and a one-word message is not the same as a business decision. No official change has been reported at Tesla and company spokespeople have not confirmed any strategy changes.
Featured image from ET Edge Insights, chart from TradingView
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