View Single Post
Old 07-22-2022, 09:17 AM   #2371
rubecube
Franchise Player
 
rubecube's Avatar
 
Join Date: Mar 2006
Location: Victoria
Exp:
Default

Quote:
Originally Posted by chemgear View Post
https://fortune.com/2022/07/20/tesla...rter-earnings/



Elon Musk swore in March not to sell any Bitcoin, but Tesla cashed out 75% of its Bitcoin holdings amid the crypto winter just months later



Electric vehicle maker Tesla sold $936 million worth of Bitcoin, 75% of its holdings, in the second quarter, according to a shareholder deck released in anticipation of its earnings call on Wednesday.



The company, led by the world’s richest man, Elon Musk, had just $218 million in Bitcoin remaining on its balance sheet, compared to $1.26 billion in the first quarter.
Whaat? Elon Musk was dishonest about something? Our Elon?
rubecube is offline   Reply With Quote