How much did tesla lose on bitcoin

how much did tesla lose on bitcoin

0.01020423 btc to usd

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Why Tesla Dumped BTC + How much at what price?
It means that Tesla has lost almost $ million in value through its Bitcoin investment. The only good news for Tesla here is that its Bitcoin. Tesla has dumped 75% of its bitcoin holdings a year after touting 'long-term potential'. The electric car maker told the US regulator it lost.
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Kirkhorn said at the time that the company's intent was "to hold what we have long term and continue to accumulate Bitcoin from transactions from our customers as they purchase vehicles. Shortly after, the automaker started accepting the cryptocurrency as payment on new vehicles. You can send tips on Twitter DMs open or via email: fred 9to5mac. However, when asked about bitcoin's potential as an inflationary hedge on the earnings call, Musk said that Tesla's main goal is to accelerate the transition to sustainable energy, and called bitcoin "a sideshow to a sideshow.