Has sold its bitcoin

Elon Musk’s Tesla sells most of its Bitcoin holdings – BBC News

21.7.2022 — 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 announcement comes as the value of the world’s biggest cryptocurrency has plunged.

Elon Musk’s Tesla has sold 75% of its Bitcoin: Here’s why

Elon Musk’s Tesla has sold 75% of its Bitcoin: Here’s why | ZDNET

21.7.2022 — Tesla offloads the bulk of its Bitcoin holdings but chief Elon Musk says the decision was not a “verdict” on the digital currency.

Tesla offloads the bulk of its Bitcoin holdings but chief Elon Musk says the decision was not a “verdict” on the digital currency.

Elon Musk’s Tesla Has Sold 75% of Its Bitcoin Holdings

Elon Musk’s Tesla Has Sold 75% of Its Bitcoin Holdings – Decrypt

20.7.2022 — Tesla, founded by Elon Musk, has sold 75% of its Bitcoin, worth approximately $936 million, according to its Q2 earnings report.

Tesla, founded by Elon Musk, has sold 75% of its Bitcoin, worth approximately $936 million, according to its Q2 earnings report.

Elon Musk: Tesla Sold Its Bitcoin Because of COVID … – Decrypt

Elon Musk: Tesla Sold Its Bitcoin Because of COVID Lockdowns in China – Decrypt

2.10.2022 — Citing China’s resurgent COVID crisis and its broader economic impacts, the CEO said the Bitcoin sell off helped Tesla’s cash position.

Citing China’s resurgent COVID crisis and its broader economic impacts, the CEO said the Bitcoin sell off helped Tesla’s cash position.

Tesla sells 75 per cent of its Bitcoin as profits slump in crypto …

Tesla sells 75 per cent of its Bitcoin as profits slump in crypto U-turn for Elon Musk | Euronews

22.7.2022 — On Wednesday, Tesla sold $936 million (€919 million) of the world’s largest crypto during its second financial quarter – worth around $2 billion …

Tesla’s sale of its Bitcoin holdings comes after CEO Elon Musk promised to not sell the Bitcoin tesla owned. Is this Musk U-turning on crypto?

Tesla sells 75% of its Bitcoin holdings after Musk said he …

Tesla sells 75% of its Bitcoin holdings after Musk said he doesn’t dump | Business Standard News

21.7.2022 — Tesla Inc. sold a significant chunk of its Bitcoin holding, an investment that helped legitimize the world’s largest electronic currency.

The carmaker had converted roughly 75% of its Bitcoin to fiat currency as of the end of June, adding $936 million of cash to its balance sheet, according to its shareholder letter

Tesla has dumped 75% of its bitcoin holdings a year … – CNBC

Tesla converted 75% of bitcoin purchases to fiat currency in Q2 2022

20.7.2022 — The company said those sales added $936 million in cash to its balance sheet. related investing news. The crypto comeback: Here’s what’s driving …

Tesla CEO Elon Musk spent much of 2021 hyping cryptocurrencies. His company has exited most of its bitcoin holdings amid a dramatic downfall.

Tesla sells majority of its Bitcoin holdings – Mint

Tesla sells majority of its Bitcoin holdings | Mint

21.7.2022 — The electric carmaker Tesla Inc had sold about 75% of its holdings of cryptocurrency Bitcoin.

The electric carmaker Tesla Inc had sold about 75% of its holdings of cryptocurrency Bitcoin

Tesla sold 75 percent of its Bitcoin – The Verge

Tesla Q2 2022 report shows crypto sell-off, decrease in profits – The Verge

20.7.2022 — Culturally, it’s been a turbulent quarter at Tesla. In late April, CEO Elon Musk sold billions of dollars worth of stock in the company to help …

Tesla reports a $2.26 billion profit for Q2, a 31 percent decrease from last quarter. This comes after the company announced hiring freezes and layoffs, and Elon Musk sold billions in Tesla stock to help fund his Twitter acquisition.

Tesla dumped 75% of its bitcoin holdings – TechCrunch

20.7.2022 — During the company’s Q2 earnings report, the electric car company revealed it has sold 75% of its bitcoin holdings this quarter.