3 ms·
And how much did they lose? Not sure, why NPR couldn't spell that out. So in January 2021 when bitcoin was about $33k, Tesla bought bitcoin for the song of so
by guenthert 4y ago
And how much did they lose? Not sure, why NPR couldn't spell that out. So in January 2021 when bitcoin was about $33k, Tesla bought bitcoin for the song of some $1.5e9, now they sold 75% of it when bitcoin in $23k. Guess they needed to save on taxes ...
- TrueSlacker0 4y agoCashflow is king.
- hackernudes 4y agoThe reason NPR didn't spell it out is because Tesla has not spelled out what exactly their prices were for acquiring and for selling their Bitcoin. We are left to guess. In their earnings call they said they sold for a "realized gain" but then said something about "impairment charges".