• Tesla's bitcoin investment reportedly made more profit this year than car sales in the whole of 2020

    12 days ago - By Business Insider

    Bitcoin's historic rally has been a source of debate.
    Dado Ruvic/Reuters
    Tesla disclosed in a SEC filing on Feb 8 that it purchased $1.5 billion of bitcoin.
    If its holding has remained the same size, it will reportedly have made a $930 million profit.
    That's almost 30% more than the company made from car sales in 2020, the Times of London reported.
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    Tesla's $1.5 billion bitcoin investment didn't just make headlines, it has also made the company more profit than its car sales last year, according to a Times of London report. On Friday...
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