United States, Feb 17, 2021 /AlexaBlockchain/ – Bitcoin boom does not seem to be stopping soon with the world’s no. 1 crypto surging above the $52,000 level on Wednesday for…
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About Tesla
Tesla, Inc. is an American electric vehicle and clean energy company based in Palo Alto, California. Tesla’s current products include electric cars, battery energy storage from home to grid scale, solar panels and solar roof tiles, as well as other related products and services.
Tesla Bitcoin Investment
In February 2021, Tesla announced that it invested an aggregate US$1.50 billion in bitcoin under the “updated” investment policy.
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Tesla Bitcoin investment news made the biggest breaking of crypto market in 2021 so far, sending the price of bitcoin closer to $45,000. Elon Musk’s Tesla…
Tesla updated its investment policy to get more flexibility to further diversify and maximize returns on its cash that is not required to maintain adequate operating liquidity.