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Tesla didn't like paying banks to store its money in Europe via negative interest rates, so they moved in into Bitcoin. https://www.techtimes.com/articles/2631
by coralreef 5y ago
Tesla didn't like paying banks to store its money in Europe via negative interest rates, so they moved in into Bitcoin.
https://www.techtimes.com/articles/263185/20210721/elon-musk-reveals-tesla-bank-account-in-europe-has-negative-interest-rates-money-depletes-in-real-time-while-ceo-imagines-crypto.htm https://www.techtimes.com/articles/263185/20210721/elon-musk...
- 323 5y agoThat has nothing to do with transferring money. Tesla also holds bonds and other stuff that pays a dividend.