Musk Tesla BTC

Musk seems to have sold on the way down and so far on 75% of the holdings lost a bit of money.

Googling how much did Musk/Telsa spend on BTC.

$1.5 billion
Musk famously purchased $1.5 billion in the king of cryptocurrencies using spare cash on the EV maker’s balance sheet, a highly unorthodox move since most companies abhor putting their war chests at risk. -May 11, 2022…


Tesla (TSLA) reported its Q2 earnings after the closing bell on Tuesday, meeting analysts’ estimates, following a prolonged COVID-induced shutdown at its Shanghai production facility.

The company also says it sold 75% of its Bitcoin, turning it into fiat currency, adding $936 million in cash to its balance sheet. The quarter, however, ended Tesla’s streak of reporting record revenue.