Elon Musk’s Tesla missed out on $3 billion by selling Bitcoin at $31k

Dec 5, 2024 · Bitcoin’s bull run took a considerable hit when Elon Musk announced on May 12, 2021, that Tesla would no longer accept Bitcoin as payment due to environmental concerns. The price then fell 17% in a single day from $56,000 to $49,400. Over the following weeks, it fell as …

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Elon Musk’s Tesla Missed Out On $3 Billion By Selling Bitcoin At $31k

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CoinStats - Elon Musk’s Tesla Missed Out On $3 Billion By...

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Tesla made $936 million from the sale, indicating that it sold for less than its purchase price of $38,000. With around 29,605 BTC sold by Telsa, that equates to a selling price of …

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Tesla And Bitcoin: The Mistake That Costs 3 Billion Dollars

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On December 5, 2024, Tesla could have made an additional 3 billion dollars if it had held onto its bitcoins instead of selling them at $31,000. In 2021, Tesla invested 1.5 billion dollars in bitcoin, …

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CoinStats - Tesla And Bitcoin: The Mistake That Costs 3 B...

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Tesla misses out on 3 billion dollars by selling bitcoin at $31,000 In July 2022, when Tesla sold 75% of its BTC holdings, the price of the cryptocurrency had fallen to around $18,900. If Tesla …

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Elon Musk’s Tesla Missed Out On $3 Billion By Selling Bitcoin At $31k

2 weeks from now

Tesla made $936 million from the sale, indicating that it sold for less than its purchase price of $38,000. With around 29,605 BTC sold by Telsa, that equates to a selling price of …

cryptorank.io

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Tesla Missed Out On $300M Profit After Bitcoin Sales - TradingView

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Jan 27, 2024 · As Tesla CEO Elon Musk noted, these sales intended to demonstrate Bitcoin's liquidity and to bolster Tesla's balance sheet during uncertain financial periods. Had Tesla …

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Elon Musk’s Net Worth Just Dropped By $6 Billion

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Elon's Companies Tesla and SpaceX and xAI and more. Musk’s net worth is based primarily on his ownership of three companies. The first is Tesla, the share price of which is up 53% in the …

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CoinStats - AI, Tesla, DOGE: Here’s How Elon Musk’s Bold ...

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Nov 26, 2024 · Elon Musk’s net worth recently surpassed $334 billion, thanks to the US Elections, a surge in Tesla’s valuation, and high-risk innovative AI investments. 2024 is working well for …

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Elon Musk’s Tesla Missed Out On $3 Billion By Promoting Bitcoin At …

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Dec 5, 2024 · Nevertheless, Tesla’s antics significantly impacted the Bitcoin narrative on the time. Think about a world the place Elon Musk continued to embrace Bitcoin all through 2021 – …

cryptovideos.net

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Google Loses Over $3 Trillion Due To Elon Musk - Emirates24|7

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17 hours ago · In 2013, Google was on the verge of acquiring Elon Musk’s Tesla for $6 billion, along with an additional $5 billion allocated for expanding the company and injecting liquidity …

emirates247.com

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Tesla Puts Elon Musk $56 Billion Pay To Shareholder Vote - CNBC

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Apr 17, 2024 · Tesla CEO Elon Musk's $56 billion pay package will go to another shareholder vote in June, after a Delaware court voided it as excessive.

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The $3.2 Trillion Missed Opportunity: Why Google Didn’t Acquire …

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1 day ago · In 2013, Google came incredibly close to acquiring Tesla for $6 billion, along with an additional $5 billion to fund expansion and pending projects. However, just hours before …

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Musk’s Failed $3.6+ Billion Bet Could Crush Tesla - Medium

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Jul 23, 2024 · Well, this greedy $3.6+ billion bet has failed to pan out, and now, Musk is desperately trying to minimise losses. However, Tesla’s future no longer relies on its ability to …

medium.com

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Elon Musk Says DOGE Probably Won't Find $2 Trillion In ... - NBC …

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6 days ago · Tech billionaire Elon Musk said Wednesday that his budget-cutting effort on behalf of President-elect Donald Trump would most likely not find $2 trillion in savings, backtracking on …

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CoinStats - Tesla’s Decision To Ditch Bitcoin Might’ve Be...

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At the time, it seemed like the right move for a company preaching sustainability. But now, Bitcoin has crossed over $100,000, and Tesla is sitting on over $1 billion in unrealized crypto gains. …

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#Bitcoin Breaks $100K In A Game-Changing 2024 - YouTube

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2024 was huge for crypto. Bitcoin hit $100K, ETFs brought billions, and meme coins plus AI-driven platforms like Pump.Fun stole the spotlight. With Bitcoin h...

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CoinStats - Elon Musk Impressed By El Salvador’s Over $30...

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Dec 5, 2024 · According to Arkham Intelligence data, Musk’s electric car company Tesla’s Bitcoin holdings have also retaken the $1 billion mark amid BTC’s price rise. Had the company held …

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CoinStats - Elon Musk’s $56 Billion Tesla Pay Deal Struck...

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The court noted that Elon Musk had already reimbursed the SEC for costs related to a missed meeting. The post Elon Musk’s $56 Billion Tesla Pay Deal Struck Down Again: Details …

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FAQs about Elon Musk’s Tesla missed out on $3 billion by selling Bitcoin at $31k Coupon?

Will Elon Musk's $56 billion pay package go to another shareholder vote?

CNBC’s Lora Kolodny and Dan Mangan contributed to this report. Tesla CEO Elon Musk's $56 billion pay package will go to another shareholder vote in June, after a Delaware court voided it as excessive. ...

What is Elon Musk doing now?

Elon Musk has a lot going on. Tesla Inc. (NASDAQ: TSLA) just released an upscale car for China. His xAI released a new chatbot to compete with OpenAI. His rocket company SpaceX is about to launch its new Starship model. And he is helping run the U.S. government. In the meantime, his net worth has been slipping this year. ...

Will Elon Musk deliver on the EV market?

Now, with pressure from Chinese EV makers and its share in the EV market shrinking, the pressure is higher than ever for Elon Musk to deliver. Tesla has both reasons to be anxious and reasons to feel confident. Yes, according to Forbes, China's BYD Auto did surpass Tesla in sales for a short period late in 2023. ...

Why did Tesla stock fall 11% in Q2?

Early in 2024, Tesla saw its stock tumble by nearly 11% after it reported a revenue of $25.05 billion in Q2. While that number is higher than the $24.93 billion it posted in the same quarter last year — adjusted numbers show a decrease. For example, when accounting for the adjusted profits, 2024 generated $0.52 against $0.60 expected. ...

Why did Tesla stock drop 44% this year?

The numbers in that report ultimately outlined a 40% decrease in profits, which is likely the easiest explanation for why Tesla stock was fluctuating over the past year — dropping by as much as 44% earlier this year, according to market numbers. Beck Andrew Salgado covers trending topics in the Austin business ecosystem for the American-Statesman. ...

Why did Tesla's stock drop 1% in 2023?

This reflected a 1.1% drop from the 1.81 million sold in 2023, as demand for electric vehicles declined in the U.S. and other markets. Moreover, the company's only new product, the Cybertruck, fell short in many aspects despite its viral potential. Following the announced decline, Tesla's stock dipped slightly but quickly rebounded to $411 a share. ...