Why Palantir and Tesla are adding gold and Bitcoin to reserves - Danielle DiMartino Booth. Kitco News Thursday August 19, 2021 16:13. Kitco News. Share this article: Palantir, the data analytics software manufacturer, has recently added $50 million of gold bars to their treasury, as disclosed in the company's latest earnings statement.Tesla booked a $23 million impairment charge on its Bitcoin holdings in the second quarter. The electric vehicle manufacturer wasn't immune to the downturn that was seen in the crypto markets between April and June. Crucially, Tesla confirmed that it hasn't sold any more of the Bitcoin that it purchased back at the start of the year.Elon Musk continued to whipsaw the price of bitcoin, sending it to the lowest since February after implying in a Twitter exchange Sunday that Tesla may sell or has sold its cryptocurrency holdings ...Tesla shares have lost one-third of their value since Elon Musk disclosed his stake in Twitter in early April and sold $8.5 billion worth of Tesla stocks. Tesla CEO Elon Musk said on Thursday that ...Tesla announced in its Q1 earnings report that it sold a good chunk of Bitcoin for a profit of $101 million. While many people would consider that a win for the company, it is an interesting move given that Tesla has recently been seen as an advocate for the cryptocurrency. Over the past few months, Tesla's made some big Bitcoin-related moves.May 13, 2021 · Meltem Demirors, chief strategy officer at digital asset manager CoinShares Group, said Tesla was unlikely to have sold many, if any, cars using bitcoin and the back flip generated positive ... So, in short, Tesla will not recognise a gain on the value of its bitcoin unless some are sold. However, it will recognise a loss if the crypto falls below the price at which the electric vehicle ...Tesla is making a $1.5-billion investment in the cryptocurrency bitcoin. That's more than Tesla has spent on R&D in any of the last three years. ... even though Tesla sold 500,000 vehicles last ...Tesla sold 10% of its bitcoin in the second quarter. Tesla's net profits from its cryptocurrency holdings are $1.14 billion and its revenue is close to $12 billion.Siamak Masnavi. 8 May 2020. /. On Thursday (May 7), Cypto fan Elon Musk, who is a co-founder of PayPal, founder and CEO of SpaceX, and a co-founder and CEO of Tesla, explained why he has decided to sell almost all of his possessions. Musk's comments came during an appearance on episode #1470 of the very popular "Joe Rogan Experience" (JRE ...Here's Why Tesla sold 10 percent of its Bitcoin Holding. Elon Musk and Tesla have been one of the greatest believers of bitcoins andcryptocurrencies. He has a lot of tweets based on cryptocurrencies and bitcoinsand has promoted them as well. There was a piece of recent news that Tesla hadsold 10 % of their bitcoin holdings.May 17, 2021 · Elon Musk confirmed on Monday that Tesla "has not sold any Bitcoin." The CEO spooked Bitcoin investors over the weekend that Tesla may have liquidated its holdings. Parler is making a return to ... According to its earnings release for the quarter ending March 31, Tesla still owned $1.331 billion worth of its initial Bitcoin purchase. This was down slightly, as the company sold $272 million ...Bitcoin plunged to its lowest level since February on Monday after Elon Musk suggested Tesla might sell, or had sold, its holdings, only to rebound somewhat when the billionaire clarified his ... 2021 jeep wrangler torque specsfidic letters by contractor pdf Bitcoin had a rough weekend that many investors are blaming on Tesla CEO Elon Musk who suggested, in a series of tweets, that the electric car company would be dumping the cryptocurrency. Even after clarifying early this morning that the company had not sold the crypto, the damage was done. See: Chia COO Explains What the New Eco-Friendly Crypto is All About Find: Here's a Bitcoin Timeline for ...Tesla's earnings call on Monday revealed that the company had sold off 10% of its Bitcoin holdings for $272 million in proceeds and $101 million in profit. This led to confusion and even a sense ...May 17, 2021 · Amid speculation over the weekend that Tesla may have sold its bitcoins, CEO Elon Musk has clarified that the electric car company “has not sold any bitcoin May 17, 2021 · Amid speculation over the weekend that Tesla may have sold its bitcoins, CEO Elon Musk has clarified that the electric car company “has not sold any bitcoin Tesla Bitcoin Sale Brings in $272 Million. The Tesla bitcoin sale was referenced by Tesla CFO Zach Kirkhorn during an earnings call yesterday, where he cited "gross margin improvement driven by further product cost reductions and sale of Bitcoin" as one of the company's revenue streams in the prior quarter.Oct 21, 2021 · According to Bloomberg, the electric vehicles manufacturer previously declared that it had invested $1.5 billion USD into Bitcoin, but sold 10% of its stake back in April.Earlier this week, Tesla ... As trader Luke Martin reported, on February 8 th, when Tesla's purchase was made public, Bitcoin has its "largest candle in history". The cryptocurrency went from a low at $38,058 to a high at $46,929 with an $8,871 increase in less than 24-hours. Martin said the following in the report: Bitcoin price is still higher than where Elon got in.Tesla CEO Elon Musk clarified on Monday that the electric automaker hasn't sold any Bitcoin. "To clarify speculation, Tesla has not sold any Bitcoin," Musk said in an early-morning Twitter exchangeTesla has bought and sold a lot of the cryptocurrency bitcoin, and was also taking it in payment for EVs but suddenly stopped earlier this month.; CEO Elon Musk's cited reason was that mining ...Tesla sold 10% of its holdings essentially to prove liquidity of Bitcoin as an alternative to holding cash on balance sheet. — Elon Musk (@elonmusk) April 26, 2021. The company made headlines back in February after it was revealed that it bought BTC worth $1.5 billion in January 2021. Tesla's bitcoin purchase at the time caused a spike in ...Amid speculation over the weekend that Tesla may have sold its bitcoins, CEO Elon Musk has clarified that the electric car company "has not sold any bitcoinMay 13, 2022 · Elon Musk’s electric car company, Tesla, is holding bitcoin worth $1.311 billion. The company did not buy or sell any bitcoin during the second quarter but recorded bitcoin-related impairment of $23 million. Tesla’s action reaffirms Musk’s prior statement that neither he nor Tesla had sold their coins. Tesla’s Q2 Bitcoin Holdings Tesla only sold 10% of its Bitcoin to boost its end-of Q2 2021 profit numbers. They'll be buying again, for sure. Tesla didn't exactly earn its record profit from selling cars, however. The company said that it sold some of the $1.5 billion worth of bitcoin that it purchased in February, contributing $101 million to the bottom line.May 17, 2021 · Amid speculation over the weekend that Tesla may have sold its bitcoins, CEO Elon Musk has clarified that the electric car company “has not sold any bitcoin Musk tweeted in late March that people "can now buy a Tesla with Bitcoin." Tesla bought $1.5 billion in bitcoin early this year. By the end of March, it was worth $2.5 billion.California [US], May 17 (ANI/Sputnik): Elon Musk, the CEO of technological giant Tesla, rejected claims that the company sold previously purchased bitcoins after being accused of manipulating ...Tesla said it made a small profit in Bitcoin after it sold about 10% of a $1.5 billion investment in the alternative currency, as crypto prices generally soared around the globe.Tesla sold 10% of its holdings essentially to prove liquidity of Bitcoin as an alternative to holding cash on balance sheet. — Elon Musk (@elonmusk) April 26, 2021 Now, Elon Musk's obsession with cryptocurrency is well-known. disney steelbook Tesla Mining's international mining pools mainly produce mainstream currencies, Bitcoin BTC and Ethereum ETH. Tesla Mining has several large standard supercomputer rooms, with a total electricity load of nearly one million kilowatts, and the scale of the mine is ranked first in the world. Downloads Whitepaper. 24 hours to ensure stable operation.Tesla only sold 10% of its Bitcoin to boost its end-of Q2 2021 profit numbers. They'll be buying again, for sure. Tesla didn't exactly earn its record profit from selling cars, however. The company said that it sold some of the $1.5 billion worth of bitcoin that it purchased in February, contributing $101 million to the bottom line.Amid speculation over the weekend that Tesla may have sold its bitcoins, CEO Elon Musk has clarified that the electric car company "has not sold any bitcoinMusk also said that Tesla sold about 10% of holdings to confirm bitcoin could be liquidated easily without moving market. He announced in May that Tesla would no longer accept bitcoin for car ...Tesla sold 10% of its holdings essentially to prove liquidity of Bitcoin as an alternative to holding cash on balance sheet. — Elon Musk (@elonmusk) April 26, 2021Elon Musk Says None of Tesla's BTC Has Been Sold. Tesla initially bought bitcoin back in February of 2021. Musk added more than $1.5 billion worth of the world's number one digital currency by ...According to Musk, Tesla only sold roughly 10 percent of its Bitcoin holdings, "to confirm BTC could be liquidated easily without moving market." The comment was made in response to an interview with Sygnia CEO Magda Wierzycka, who said that Bitcoin's recent volatility is a result of "market manipulation" by Musk.Following Tesla's decision to stop accepting Bitcoin as a means of payment and Musk's subsequent attack on the cryptocurrency, most people speculated that Tesla had sold its bitcoins.As Bitcoin's price reached stratospheric heights, culminating in a high of almost $68,000 in April 2021, Tesla sold some of its Bitcoin stash for $272 million and collected a profit of $128 ...May 17, 2021 · Musk bekræfter, at Tesla ikke har solgt fra Bitcoin Holdings Maj 17, 2021 10: 37 PM. 17. maj -- Bitcoin stabiliserede sig efter at være faldet til det laveste niveau siden februar efter et tweet fra Elon Musk, der præciserede, at Tesla Inc. ikke har solgt fra sine beholdninger af tokenet. Det skriver Bloombergs Dani Burger. live football radio May 17, 2021 · Amid speculation over the weekend that Tesla may have sold its bitcoins, CEO Elon Musk has clarified that the electric car company “has not sold any bitcoin Feb 08, 2021 · Tesla, the electric car company headed by billionaire Elon Musk, has become the first Fortune 500 corporation to get Bitcoin exposure to its balance sheet as it bought $1.5 billion in Bitcoin last month. The company’s latest filing with the Securities and Exchange Commission (SEC) revealed its position in digital currency. Musk also said that Tesla sold about 10% of holdings to confirm bitcoin could be liquidated easily without moving market. He announced in May that Tesla would no longer accept bitcoin for car ...Tesla's CEO said yesterday on his official Twitter account the company has not sold any of the Bitcoins it holds. Musk criticized the leading crypto last night and also responded with the word "indeed" in a post in which a user suggested Tesla intended to announce the sale of all its Bitcoins in the next quarter.Apr 20, 2022 · Tesla has not bought or sold any crypto assets since the first quarter of 2021, the statements reveal. Any changes in the company’s digital assets holdings value since then have come from price fluctuations. In the third quarter of 2021, Tesla reported a $51 million loss as a “bitcoin related impairment,” a required disclosure to reflect ... Also Read: Tesla Rejects Bitcoins: Won't Use Bitcoin As Payment, Because It's Bad For Earth. Elon Musk, said this in a reply to allegations surrounding allegations that Musk brought the prices for the Bitcoins up and sold a massive chunk of it when he found it profitable. Musk, denying these allegations, said, "This is inaccurate.TESLA SOLD BITCOIN IN Q1 FOR PROCEEDS OF $272M "Tesla sold some of its bitcoin stash in the first quarter for $272 million in proceeds. The sale trimmed Tesla's position by 10%, Tesla CFO Zach Kirkhorn said on an earnings call Monday." says Yahoo! Finance: "Elon Musk's electric vehicle company purchased $1.5 billion worth of bitcoin in ...Tesla sold 10% of its holdings essentially to prove liquidity of Bitcoin as an alternative to holding cash on balance sheet. — Elon Musk (@elonmusk) April 26, 2021Oct 21, 2021 · According to Bloomberg, the electric vehicles manufacturer previously declared that it had invested $1.5 billion USD into Bitcoin, but sold 10% of its stake back in April.Earlier this week, Tesla ... Tesla Sold 10% of Its Bitcoin Holdings, Made $272 Million Elon Musk's electric car company, Tesla, announced its first-quarter earnings results on Monday. Prior to the earnings call, bitcoiners were hoping to hear how many more bitcoins Tesla had purchased since its original investment of $1.5 billion early this year. shooting sight mp5 triggerglenwood houses for sale near accra May 17, 2021 · Though Tesla no longer accepts Bitcoin as a payment technique, the business has actually not sold off any of its Bitcoin. Aside from contributing to modifications in innovation, Tesla and Elon Musk have also been instrumental in the coming of cryptocurrency. Based on a price of $58,919 on March 31, the company owned 42,902 bitcoins. Elon Musk has tweeted that Tesla had not sold any bitcoin, at least as of May 16, and before on May 12 he tweeted that...Apr 20, 2022 · Tesla has not bought or sold any crypto assets since the first quarter of 2021, the statements reveal. Any changes in the company’s digital assets holdings value since then have come from price fluctuations. In the third quarter of 2021, Tesla reported a $51 million loss as a “bitcoin related impairment,” a required disclosure to reflect ... Musk announces Tesla cars now sold for bitcoin. i24NEWS - Reuters. March 24, 2021, 11:02 AM latest revision March 24, 2021, 11:56 AM 2 min read. Tesla at $1 billion profit. Following the increase in Bitcoin price, Tesla's Bitcoin holding bought 48,000 BTC in February for an estimated cost of $1.5 billion. However, it sold about 10 percent of holding down to 43,200 BTC in the second quarter of this year, with the founder saying the move was to test Bitcoin's liquidity as an ...Tesla has sold no cars for bitcoin, potentially explaining their about face in suspending bitcoin payments less than two months after the company began accepting the cryptocurrency. "During the three months ended March 31, 2021, we purchased and received $1.50 billion of bitcoin," Tesla said in their latest filing.Feb 08, 2021 · Tesla, the electric car company headed by billionaire Elon Musk, has become the first Fortune 500 corporation to get Bitcoin exposure to its balance sheet as it bought $1.5 billion in Bitcoin last month. The company’s latest filing with the Securities and Exchange Commission (SEC) revealed its position in digital currency. Less than a month after US carmaker Tesla revealed its $1.5bn Bitcoin holdings, one of the company's most vocal bullish investors announced that he had sold 1.8 million of its shares for clients.. Ron Baron, the founder of Baron Capital, an investment management firm in New York, said his firm sold TSLA stocks for its clients, believing that they were taking too much percentage of some of ...Elon Musk said his Tesla Inc has told 10 per cent of its Bitcoin holdings to prove the liquidity of the cryptocurrency. Elon Musk clarified that he has not sold any of his own bitcoin, retaining ...Based on a price of $58,919 on March 31, the company owned 42,902 bitcoins. Elon Musk has tweeted that Tesla had not sold any bitcoin, at least as of May 16, and before on May 12 he tweeted that...(Reuters) -Tesla Inc will no longer accept bitcoin for car purchases, Chief Executive Elon Musk said on Wednesday, citing long-brewing environmental concerns for a swift reversal in the company's position on the cryptocurrency. Bitcoin fell more than 10% after Musk tweeted his decision to suspend its use, less than two months after Tesla began accepting the world's biggest digital currency for ...Although the dealer didn't say what the Tesla sold for, the Bitcoin buyer would've had to shell out around 1,000 units of the virtual currency, assuming the car is new.Bitcoin climbed above $40,000 on Monday, after yet another weekend of price swings following tweets from Tesla boss Elon Musk, who fended off criticism over his market influence and said Tesla sold bitcoin but may resume transactions using it. Bitcoin has gyrated to Musk's...Tesla chief Elon Musk tweets and Bitcoin jumps, again. Musk's latest tweet on potentially allowing Bitcoin transactions for Tesla sent the currency surging nearly 10 percent.Jun 14, 2021 · After he announced Tesla would no longer accept bitcoin, it dropped 12%. Musk said in the tweet Sunday that his company has sold only about 10% of its bitcoin holdings "to confirm BTC could be ... According to Musk, Tesla only sold roughly 10 percent of its Bitcoin holdings, "to confirm BTC could be liquidated easily without moving market." The comment was made in response to an interview with Sygnia CEO Magda Wierzycka, who said that Bitcoin's recent volatility is a result of "market manipulation" by Musk. jaidenanimations pornlinear programming graphical method problems with solutions pdf Tesla announced in its Q1 earnings report that it sold a good chunk of Bitcoin for a profit of $101 million. While many people would consider that a win for the company, it is an interesting move given that Tesla has recently been seen as an advocate for the cryptocurrency. Over the past few months, Tesla's made some big Bitcoin-related moves.May 16, 2021 · Elon Musk continued to whipsaw the price of Bitcoin, briefly sending it to the lowest since February after implying in a Twitter exchange Sunday that Tesla Inc. may sell or has sold its cryptocurrency holdings. Bitcoin slid below $45,000 for the first time in almost three months after the billionaire owner of the electric-car maker seemed to ... Amid speculation over the weekend that Tesla may have sold its bitcoins, CEO Elon Musk has clarified that the electric car company "has not sold any bitcoinElon Musk said Tesla Inc. sold 10% of its Bitcoin holdings to demonstrate the token's liquidity, while adding that he's retained his personal investment in the cryptocurrency.Tesla announced in an SEC filing Monday that it has bought $1.5 billion worth of bitcoin. The company also said it would start accepting bitcoin as a payment method for its products. CEO Elon Musk...El Salvador has a population of 6.5 million. Tesla sold about 500,000 units in 2020. It should be a no-brainer that a country adopting the currency is more significant for Bitcoin's fortunes ...Musk, meanwhile, maintains that Tesla has held onto its Bitcoin riches. In mid-May, the enigmatic billionaire tweeted that Tesla "has not sold any Bitcoin," in order to "clarify speculation."Tesla chief Elon Musk tweets and Bitcoin jumps, again. Musk's latest tweet on potentially allowing Bitcoin transactions for Tesla sent the currency surging nearly 10 percent.Tesla sold 10 percent of its holdings essentially to prove liquidity of Bitcoin as an alternative to holding cash on balance sheet." So am I understanding this correctly? @elonmusk buys #bitcoin .Elon Musk's Tesla is now over $1 billion in the green on its Bitcoin investment as the price nears $58,000 for the first time since early May. Tesla holds first added Bitcoin to its balance sheet. In Q2, Tesla sold 10% of its Bitcoin holdings at an average price of around $50,000 per token. CEO Elon Musk later took to Twitter to clarify that ...To clarify speculation, Tesla has not sold any Bitcoin — Elon Musk (@elonmusk) May 17, 2021 It comes after a Twitter exchange on Sunday with user @CryptoWhale sent the cryptocurrency community ...Tesla CEO Elon Musk clarified on Monday that the electric automaker hasn't sold any Bitcoin. "To clarify speculation, Tesla has not sold any Bitcoin," Musk said in an early-morning Twitter exchangeTesla at $1 billion profit. Following the increase in Bitcoin price, Tesla's Bitcoin holding bought 48,000 BTC in February for an estimated cost of $1.5 billion. However, it sold about 10 percent of holding down to 43,200 BTC in the second quarter of this year, with the founder saying the move was to test Bitcoin's liquidity as an ... simucube f1 wheelsober bachelorette party ideas The company at the time said that Bitcoin had proven this, with the sale swift and going unnoticed. At the start, Tesla was concerned that this could crash the market. This is inaccurate. Tesla only sold ~10% of holdings to confirm BTC could be liquidated easily without moving market. When there's confirmation of reasonable (~50%) clean ..."Tesla only sold ~10% of holdings to confirm BTC could be liquidated easily without moving market." Musk had tweeted in May that Tesla "will not be selling any Bitcoin" and "has not sold any Bitcoin," but investors are keenly awaiting Tesla's next earnings update - due next month - for any disclosure of changes to its position. ...Tesla CEO Elon Musk clarified on Monday that the electric automaker hasn't sold any Bitcoin. "To clarify speculation, Tesla has not sold any Bitcoin," Musk said in an early-morning Twitter exchangeAlthough the dealer didn't say what the Tesla sold for, the Bitcoin buyer would've had to shell out around 1,000 units of the virtual currency, assuming the car is new.Tesla CEO Elon Musk said Sunday the automaker would resume accepting Bitcoin for vehicle purchases when it's confirmed that miners have adopted clean energy methods to mine the cryptocurrency.Tesla's earnings statement for April 26, 2021, showed a profit of $101 million from the sale of some of its Bitcoin assets. Earlier in 2021, the firm made a public statement about its acquisition of Bitcoin worth more than $1 billion. ImmediateEdge.biz is a cryptocurrency trading site that brings you up to date with all Bitcoin developments.Tesla didn't buy or sell any bitcoin in the second quarter. Overall, Tesla's adjusted Q1 earnings per share came in at $3.22 versus the $2.26 expected by analysts, according to FactSet. Revenue...Electric automaker Tesla said Monday that it has invested around $1.5 billion in Bitcoin and it plans to begin accepting the digital currency as payment for its high-end vehicles soon. The price ...17. maj -- Bitcoin stabiliserede sig efter at være faldet til det laveste niveau siden februar efter et tweet fra Elon Musk, der præciserede, at Tesla Inc. ikke har solgt fra sine beholdninger af tokenet. Det skriver Bloombergs Dani Burger.What a journey! Lets calculate my average bitcoin price and pick up my new 2021 Tesla Model Y!Thank you Storyblocks for sponsoring this video - https://www.s...Tesla revealed it sold 10% of its bitcoin holdings in March, collecting $101 million from the sale and helping the electric car maker land its seventh consecutive profitable quarter. The news ...Tesla's CEO said yesterday on his official Twitter account the company has not sold any of the Bitcoins it holds. Musk criticized the leading crypto last night and also responded with the word "indeed" in a post in which a user suggested Tesla intended to announce the sale of all its Bitcoins in the next quarter.May 13, 2022 · Elon Musk’s electric car company, Tesla, is holding bitcoin worth $1.311 billion. The company did not buy or sell any bitcoin during the second quarter but recorded bitcoin-related impairment of $23 million. Tesla’s action reaffirms Musk’s prior statement that neither he nor Tesla had sold their coins. Tesla’s Q2 Bitcoin Holdings Apr 26, 2021 · Tesla said it made a small profit in Bitcoin after it sold about 10% of a $1.5 billion investment in the alternative currency, as crypto prices generally soared around the globe. May 26, 2021 · New crypto market entrants after Tesla's $1.5B BTC purchase may have sold their Bitcoin holdings to stronger hands: Report. ... and SpaceX CEO Elon Musk announced that Tesla would no longer be ... coin dies meaningviper4arise Even, if he sell his worth of billion dollar bitcoin, the market may fall fall, but it will get back to normal. His propaganda when Tesla stopped accepting bitcoin as a legal tender (and later accepted doge to dump bitcoin) made bitcoin price to fall from over $60000 to around $45000 or $46000.In a filing with the SEC in February, Tesla made public its purchase of $1.5 billion worth of Bitcoin, while a subsequent selling off of 10% of that position in Q1 led to a $101 million addition ...Tesla's CEO said yesterday on his official Twitter account the company has not sold any of the Bitcoins it holds. Musk criticized the leading crypto last night and also responded with the word "indeed" in a post in which a user suggested Tesla intended to announce the sale of all its Bitcoins in the next quarter.Elon Musk said Tesla Inc. sold 10 per cent of its Bitcoin holdings to demonstrate the token's liquidity, while adding that he's retained his personal investment in the cryptocurrency.Tesla is still holding more than $1.3 billion worth of the cryptocurrency. REUTERS/Mike Blake. Tesla says it cashed out $272 million in bitcoin in the first quarter of 2021. The company made $101 ...Tesla later sold about $300 million of its Bitcoin holdings, proceeds that padded its bottom line in the first quarter. "Tesla will not be selling any Bitcoin and we intend to use it for...In a recent Twitter exchange, Musk implied that Tesla sold or may sell the rest of its Bitcoin holdings, sending BTC price down by over 8% to around $44,000. A Twitter user with the handle ...Tesla sold some of that bitcoin in the first quarter of 2021, which wound up helping pad the company's quarterly profit figures. Related Tesla's $1.5 billion bitcoin purchase clashes with its ...Tesla pulled this off despite taking a loss of $23 million on its big Bitcoin bet (something that had helped it to a profit last quarter), a delayed rollout of the revamped Model S sedan and Model ...Tesla sold 10% of its holdings essentially to prove liquidity of Bitcoin as an alternative to holding cash on balance sheet. — Elon Musk (@elonmusk) April 26, 2021. Interestingly, just a few minutes before Musk's reply to Portnoy, Meltem Demirors, Chief Strategy Officer at CoinShares, had said: the fact that Tesla could liquidate $270M of ...May 13, 2022 · Elon Musk’s electric car company, Tesla, is holding bitcoin worth $1.311 billion. The company did not buy or sell any bitcoin during the second quarter but recorded bitcoin-related impairment of $23 million. Tesla’s action reaffirms Musk’s prior statement that neither he nor Tesla had sold their coins. Tesla’s Q2 Bitcoin Holdings In an early Monday morning tweet, Tesla CEO Elon Musk said the company "has not sold any Bitcoin." In a Twitter exchange Sunday afternoon, Musk had implied that the electric vehicle maker sold or ...It sold $272 million in Bitcoin in Q1. Tesla has cashed out some of its Bitcoin. In an investor call today, the electric carmaker reported its Q1 2021 earnings and revealed $272 million in proceeds and a "$101M positive impact" from a net cash outflow of $1.2 billion in crypto. According to Tesla CEO Elon Musk, the company "sold 10% of its ...Musk announces Tesla cars now sold for bitcoin. i24NEWS - Reuters. March 24, 2021, 11:02 AM latest revision March 24, 2021, 11:56 AM 2 min read. california ranch house planmisfit garage L1a