Tesla has no longer bought or sold cryptos since Q1 2021
Tesla has no longer bought or sold cryptos since Q1 2021
- Tesla has no longer traded cryptocurrency, as his latest winning report shows
- The company currently has digital assets worth $ 1.26 billion
Since Tesla did its Bitcoin investment of $ 1.5 billion in the first quarter of 2021, it has refrained from doing further business with digital assets.
The electric car company reported an inventory of digital assets of $ 1.26 billion $ Tesla reported sales of $ 18.76 billion and thus exceeded the expected $ 17.80 billion. The income from automobiles accounted for $ 16.86 billion, an increase of 87 % compared to the previous year. The result report comes, while the hate love of Tesla CEO Elon Musk continues to take cryptocurrencies on the public stage. in March 2021, one month after Teslas Bitcoin purchase, Musk announced via Twitter that the company would accept Bitcoin as a means of payment. Less than two months later, also in a tweet, Musk contradicted his previous statement and revealed that Tesla Bitcoin would not accept due to the environmental impact of cryptocurrency. In July, Musk made it clear that if the Bitcoin mining moves in a sustainable direction, he would consider adding it as a payment method. In October, the company confirmed that it left the door open for crypto payments SEC-Environment . In January 2022, Musk showed his interest in another cryptocurrency - the so -called meme coin Dogecoin. Tesla now accepts payments in Dogecoin on his Online shop for selected articles. . . The contribution "Tesla has not bought or sold" Krypto since Q1 2021 "is not a financial advice.