Fourth of Tesla’s profit from Bitcoin trading

Tesla bought 1.5 billion dollar worth of Bitcoin a while back. Then they sold a tenth of it and made a profit of 101 million USD. The fact that Elon Musk told everyone on Twitter about their buying Bitcoin likely helped the price hike.

» Tesla's Bitcoin speculation helped boost profits by $101 million in Q1

Best regards, Niklas 🎈

Evelina

2021-05-07, 13:25

That’s insane! 😅 As if he needs more money.

Host of Apartment Gardening | Ashtanga Yoga | Literature | Migraine

Niklas

2021-05-07, 13:44

Yes, I think he’s worth more than the rest of the car industry combined.

Best regards, Niklas 🎈

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Crypto Currencies

Fourth of Tesla’s profit from Bitcoin trading