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Elon Musk's decision to stop accepting bitcoin as payment over environmental concerns has been well-received by some of Tesla Inc's (TSLA.O) investors, offering a warning to corporate peers ...
This was not the case, however, in Q4. Bitcoin prices lost 15% in the quarter through year-end. Digital-currency fans would be happy to hear that Tesla and Musk didn't sell their bitcoins during ...
Elon Musk's strategy to leverage resources across his business empire, including Tesla Inc. (NASDAQ: TSLA), SpaceX, and xAI, ...
To put it another way, Tesla’s investment may be almost as much of a risk for bitcoin holders as it is for Tesla; bitcoin fans better pray that Musk doesn’t cool on the crypto. Advertisement ...
Despite Tesla CEO Elon Musk's enthusiastic tweets about cryptocurrency, his company sees serious risk in investing in bitcoin. ... Tesla bought $1.5 billion in bitcoin — here are the risks it sees.
Tesla CEO and tech entrepreneur Elon Musk has confirmed that his newly formed political party — the America Party — will ...
Following news of Musk's reversal, bitcoin plunged nearly 15%. Other digital assets such as ether and XRP, as well as crypto-linked stocks including Coinbase, MicroStrategy, and Square, all sank ...
Author Nassim Nicholas Taleb said the interest on the US debt is a huge burden, and called out Trump's tariffs and the dollar ...
Cryptocurrency values have been subject to sharp rises and sudden crashes, adding significant risk to Tesla’s cash accounts. Today a Bitcoin is worth about $47,000; in March, it was about $5,000.
Elon Musk's Bitcoin Bet Is a Bean Counter's Nightmare Tesla is taking a massive financial risk, but it should be allowed to record the value of its Bitcoin in its accounts at the current market price.
Tesla’s sharp turn on Bitcoin. Elon Musk has been a big cryptocurrency booster of late, even directing Tesla to buy $1.5 billion in Bitcoin for its corporate treasury earlier this year ...
You know the news by now: Tesla TSLA is no longer accepting Bitcoin as payment. Per Elon Musk's tweet last night, it's because of the fossil fuels used to generate the electricity for Bitcoin BTC ...