Tags : Elon

Bitcoin

Elon Musk says Tesla will resume Bitcoin acceptance if majority

Elon Musk, the CEO of electric carmaker Tesla, said today the company will reaccept Bitcoin payments for its cars provided the majority of miners use renewable sources to run their farms. “When there’s confirmation of reasonable (~50%) clean energy usage by miners with a positive future trend, Tesla will resume allowing Bitcoin transactions,” said Musk […]Read More

Bitcoin

Tesla sells $272 million of Bitcoin, but Elon Musk is

American electric vehicle and clean energy company Tesla has sold nearly $275 million worth of Bitcoin months after a landmark $1.5 billion investment, it revealed in a filing yesterday. The sale meant Tesla cut its position by 10%, adding over $101 million to its revenues in total. Tesla has made more profit by selling bitcoin […]Read More

Bitcoin

Elon Musk says ‘You can now buy a Tesla with

You can now buy a Tesla with Bitcoin. You read that right and it’s not a rumor. It’s coming straight from the CEO of Tesla, Elon Musk, himself. In a tweet a few hours ago, the Tesla CEO said potential car owners can buy the world-famous electric vehicles using Bitcoin, the world’s largest digital currency. […]Read More

Bitcoin

SkyBridge Capital CEO says Elon Musk owns over $5 billion

Electric car giant Tesla’s $1.5 billion investment in Bitcoin is less than one-third of the total crypto reserves held by Elon Musk and his companies, Anthony Scaramucci, CEO of investment firm SkyBridge Capital, asserted today. “Elon Musk didn’t stop with Tesla. I understand that SpaceX owns Bitcoin on its balance sheet,” Scaramucci tweeted, adding: “Elon […]Read More