Elon Musk's Tesla sells most of its Bitcoin holdings - BBC

Jul 20, 2022 · Tesla, which made waves last year when it revealed a major investment in Bitcoin, has now sold off most of its holdings of the cryptocurrency. The electric car firm has offloaded …

$140
OFF

Elon Musk's Tesla Lost $140m On Bitcoin In 2022 - BBC

2 weeks from now

Feb 1, 2023 · Tesla made a $140m (£113.5m) loss on its Bitcoin investments in 2022, according to filings. The electric car maker told the US regulator it lost $204m on Bitcoin overall, though it …

bbc.com

75%
OFF

Why Tesla Has Sold Off Its Bitcoin Holdings - The Week

2 weeks from now

Jul 21, 2022 · Now Tesla’s boss, Elon Musk, who has been one of the cryptocurrency’s strongest advocates, has said that the company sold off 75% of its bitcoin holdings in the last quarter, …

theweek.com

75%
OFF

Tesla Has Sold 75% Of Its Bitcoin Holdings, Electric Car Maker Reveals

2 weeks from now

Jul 21, 2022 · On a call to discuss the results with financial analysts, CEO Elon Musk said the company decided to sell about three quarters of its bitcoin holdings during the quarter, which …

cbc.ca

$2
OFF

Tesla Sells Off 75 Percent Of Bitcoin Holdings - The Hill

2 weeks from now

Jul 21, 2022 · Tesla has sold off 75 percent of its holdings in Bitcoin, which was worth about $2 billion at the end of 2021, after making a huge investment in the cryptocurrency in 2021. The …

thehill.com

$1
OFF

Tesla’s Bitcoin Holdings Top $1B – Will Elon Musk Cash Out?

2 weeks from now

Nov 12, 2024 · Tesla’s Bitcoin investment has reached a $1 billion valuation. The news comes three years after Elon Musk’s company invested $1.5 billion in cryptocurrency. Tesla moved …

ccn.com

75%
OFF

BREAKING: Elon Musk's Tesla Sold 75% Of Its Bitcoin

2 weeks from now

Jul 20, 2022 · On February 8, 2021 Tesla announced that it had purchased $1.5 billion in bitcoin and had begun accepting BTC as payment. Later in Q1, 2021 the company sold $272 million …

bitcoinmagazine.com

75%
OFF

Elon Musk’s Tesla Says It Has Sold 75% Of Its Bitcoin Holdings

2 weeks from now

Jul 20, 2022 · Tesla sold off three-quarters of its bitcoin holdings, the Elon Musk-helmed automaker said Wednesday. The sales took place during April through June of 2022, …

nypost.com

75%
OFF

Tesla Sells 75% Of Its Bitcoin Holdings After Musk Said He Doesn't …

2 weeks from now

Jul 21, 2022 · Tesla sells 75% of its Bitcoin holdings after Musk said he doesn't dump ... Tesla Inc Elon Musk Tesla Bitcoin falls. ... across devices on browser and app. Pick your 5 favourite …

business-standard.com

75%
OFF

Tesla Liquidates 75% Of Its Bitcoin Holdings - Hypebeast

2 weeks from now

Jul 21, 2022 · Tesla shared in its recently released Q2 earnings report that it has sold approximately 75% of its Bitcoin holdings, worth roughly $936 million USD. In a related quarter …

hypebeast.com

75%
OFF

Tesla Sells 75% Of Its Bitcoin Holdings - Nasdaq

2 weeks from now

Jul 21, 2022 · (RTTNews) - In early 2021, electric car maker Tesla Inc. (TSLA) invested $1.5 billion in bitcoin, cashing in on what it believed was the digital currency's "long-term potential." …

nasdaq.com

05%
OFF

Why Did Elon Musk Sell Tesla's Bitcoin? | The Motley Fool

2 weeks from now

Jul 28, 2022 · Back in February 2021, Elon Musk made headlines when he announced on Twitter that his electric car company, Tesla (TSLA-0.05%), would buy Bitcoin (BTC-0.37%) as an …

fool.com

$765
OFF

Tesla Quietly Transfers $765 Million In Bitcoin, Putting Musk's ...

2 weeks from now

Oct 21, 2024 · Tesla first made headlines in early 2021 when it invested $1.5 billion in Bitcoin. Musk, never one to shy away from risk, saw the move as a way to diversify Tesla's portfolio …

yahoo.com

$760
OFF

Is Elon Musk Selling Bitcoin? Tesla Transfers All $760M Of Its BTC …

2 weeks from now

Oct 15, 2024 · Wallets associated with Elon Musk's Tesla have moved $760 million worth of bitcoin (BTC). The funds were moved to unknown wallets. Tesla is the fourth-biggest bitcoin …

coindesk.com

$585000000
OFF

Tesla Has Major Investor Sell $585,000,000 Of Shares Because Of …

2 weeks from now

1 day ago · A major Tesla investor has sold its entire stake after CEO Elon Musk attempted to wangle himself a record-breaking pay package. Entrepreneur Musk is the world's richest man, …

unilad.com

36%
OFF

#MicroStrategy Hits 446,400 BTC Despite Stock Slump - YouTube

2 weeks from now

MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

youtube.com

$100
OFF

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

2 weeks from now

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...

youtube.com

FAQs about Elon Musk's Tesla sells most of its Bitcoin holdings - BBC Coupon?

Will Elon Musk sell bitcoin?

At the time, Mr Musk said on social media that the company would not be selling the Bitcoin it owned. Last year, Elon Musk took to Twitter to outline Tesla's position on Bitcoin. "Tesla will not be selling any Bitcoin". That sounds pretty emphatic. ...

How much bitcoin did Elon Musk's Tesla hold?

(Chesnot/Getty Images) Wallets associated with Elon Musk's Tesla have moved $760 million worth of bitcoin (BTC). The funds were moved to unknown wallets. Tesla is the fourth-biggest bitcoin holder among public companies. ...

Is Elon Musk investing in cryptocurrency?

Elon Musk's ventures into cryptocurrency are raising eyebrows once again. Blockchain analytics firm Arkham Intelligence reported that Tesla recently moved about $765 million worth of Bitcoin to unidentified wallets. This massive transfer has sparked a flurry of speculation. What's Tesla planning next? ...

How much bitcoin does Tesla own?

It changed course a few weeks later, and Tesla has since sold most of its Bitcoin holdings. It now holds about $184m of Bitcoin. Mr Musk has been among the most high-profile champions of cryptocurrency, with his pronouncements on social media often driving significant trading activity. ...

Why did Elon Musk and Tesla make headlines over a year ago?

Musk and Tesla made headlines over a year ago for different reasons. Musk is still optimistic about Bitcoin's future. The sale of Bitcoin was necessary given circumstances in China at the time. You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. ...

When did Tesla stop accepting bitcoin?

Tesla started accepting bitcoin as payment for its products in early 2021, a major boost for the cryptocurrency. Within a few months, the company said while it was no longer acquring bitcoin, it had no plans to sell what it had. What is dogecoin? And why is it rising and falling with Elon Musk? But events in 2022 prompted a change of heart. ...