During the latest earnings call, Musk said the move was to maximize Tesla’s cash position.
During Today's Tesla earnings call, Tesla CEO Elon explained the reason for the company’s sale of 75% of its Bitcoin holdings, worth approximately $936 million, as noted in its Q2 earnings report.
Elon Musk: Tesla Sold Its Bitcoin Because of COVID Lockdowns in China comes via ChinaTechNews.com.
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