I'm pretty sure it was to prove to their shareholders that they could sell the bitcoin when they need/want to. Shareholders get skittish about stuff like that,

I'm pretty sure it was to prove to their shareholders that they could sell the bitcoin when they need/want to. Shareholders get skittish about stuff like that, showing "hey, it's fine, we can sell it, we're not stuck with it" helps. Anyway they always said it was to "prove" it's liquid and just as good as holding cash, not to "test" it. https://www.bnnbloomberg.ca/musk-says-tesla-sold-bitcoin-to-prove-liquidity-as-cash-alternative-1.1595563 https://www.bnnbloomberg.ca/musk-says-tesla-sold-bitcoin-to-...