Tesla shocked many investors and analysts when it announced earlier this year it had purchased $1.5 billion worth of Bitcoin. The automaker’s move into cryptocurrency went even further when it started accepting it as payment […]
On Monday, Tesla announced that the company had a $23 million impairment due to the drop of Bitcoin’s value. The impairment put a slight drag on Tesla’s quarterly operating income. Back in February, Tesla announced […]
Elon Musk has revealed that Tesla will “most likely” resume accepting Bitcoin again in the near future. The company abruptly withdrew the method of payment earlier this year over environmental concerns related to the use […]
With just two words and two emojis, Elon Musk has reiterated that Tesla has no plans on selling its Bitcoin holdings, even as prices tumble from all-time highs. Following increasing speculation and suggestions they should […]
Tesla made headlines earlier this year by becoming the first automaker to accept the cryptocurrency Bitcoin as payment for their vehicles. Now it appears Tesla may have changed their minds, as the option to pay […]
On the Q1 Tesla Earnings call on April 26, Elon Musk confirmed the company sold 10% of their bitcoin holdings. The 10% sale made the company $272 million per the Q1 financial release. Musk noted […]
Tesla has become the first automaker in the world to allow someone to buy their cars with the cryptocurrency bitcoin. The change was noticed by our friends at The Kilowatts, showing the order page now […]
Tesla surprised almost everyone by announcing last month they had purchased $1.5 billion worth of Bitcoin. Along with the purchase, the automaker said they would soon accept the cryptocurrency as a form of payment for […]
Earlier this week Tesla announced a $1.5 billion purchase of Bitcoin, also saying it would soon accept the cryptocurrency as a method of payment for its vehicles. While the move surprised a lot of people, […]
Early Monday morning, Tesla announced that the company had bought 1.5 billion in Bitcoin. In a regulatory filing the company said it will accept Bitcoin payments “subject to applicable laws and initially on a limited […]
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