Tesla sold some of its Bitcoin and made $272 million in profit

Update: Tesla CFO Zachary Kirkhorn says that Tesla trimmed its Bitcoin position by 10% during the Q1 Earnings Call. Tesla announced that it sold some of its Bitcoin investment during Q1 2021, and it profited $272 million from the sale. In early February, Tesla released a 10-K filing with the Securities and Exchange Commission (SEC), … Continue reading Tesla sold some of its Bitcoin and made $272 million in profit