Tesla
Tesla Sold $936M Worth of Bitcoin in Q2, but Kept Dogecoin
Electric car maker Tesla sold $936 million worth of bitcoin, or 75% of its holdings, in the second quarter to maximize its cash position, CEO Elon Musk said. He added that “we were concerned about overall liquidity for the company, given COVID shutdowns in China. And we have not sold any of our dogecoin.”
First Mover Americas: ECB (Finally) Exits Negative Rates as Bitcoin Digests Tesla Sales
The latest price moves in crypto markets in context for July 21, 2022.
Tesla's Musk Remains Open to Buying More Bitcoin After Selling in Q2 to Raise Cash
The CEO said the EV company could add to its position again in the future but now he wants to boost its cash position.
Tesla Sold $936M Worth of Bitcoin in Second Quarter
The price of bitcoin fell about 1.7% following the news but regained its losses after CEO Elon Musk said Tesla was open to boosting its bitcoin exposure in the future.
Tesla May Take $460M Impairment Charge on Its Bitcoin Holdings for Q2, Analyst Says
The cryptocurrency's price fell significantly during the quarter.
Twitter Lawyers Characterize Musk’s Deal Withdrawal as ‘Wrongful’
CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the legal and regulatory implications of Tesla CEO Elon Musk’s termination of buying Twitter. Plus, an update on the Three Arrows Capital (3AC) crypto contagion.
Elon Musk’s Meme Response to Failed Twitter Deal
Twitter shares are falling after Tesla CEO Elon Musk moves to scrap his planned $42 billion takeover of the social media platform. “The Hash” hosts discuss the latest developments as Musk responds online about a potential legal showdown with the company.
Elon Musk Reiterates Dogecoin Support Despite Lawsuit
“The Hash” team discusses Elon Musk’s recent tweet about “supporting Dogecoin,” despite the Tesla CEO facing a $258 billion lawsuit over claims of an alleged pyramid scheme to back the cryptocurrency.
Musk Threatens to Terminate $44B Twitter Deal
Tesla CEO Elon Musk is threatening to terminate his $44 billion Twitter deal over a "clear material breach" of the social media company's obligations. "The Hash" discusses the latest obstacle for the acquisition.
