Tesla Could Face $460M Impairment Charge on Bitcoin Holdings in Q2 Earnings
The value of the electric automakers’ sizable bitcoin holdings fell significantly in the second quarter. Original Source
Read MoreThe value of the electric automakers’ sizable bitcoin holdings fell significantly in the second quarter. Original Source
Read MoreTesla CEO Elon Musk has formally informed Twitter that he is terminating his $44 billion bid to buy the social media platform. “Twitter is in material breach of multiple provisions” of the agreement, Musk’s lawyer explained. Musk Ending Deal With Twitter Citing ‘Material Breach of Multiple Provisions’ Tesla and Spacex CEO Elon
Read MoreTesla and Spacex CEO Elon Musk has reaffirmed his commitment to dogecoin (DOGE). He confirms that he will keep buying and supporting the meme cryptocurrency. The price of dogecoin climbed following his statements amid a crypto market downturn. Elon Musk Reaffirms Commitment to Dogecoin Tesla CEO Elon Musk reaffirmed his support for
Read MoreDAOs, for Musk, must continually be decentralizing in order to avoid power accumulation, which is why the donors and non-profit organizations who get to vote in the Big Green DOA have term limits, meaning they have to give up their place at the table and be voted back in to
Read MoreTesla and Spacex CEO Elon Musk says he has a “super bad feeling” about the U.S. economy. President Joe Biden responded with a list of major investments by large corporations and wished Musk luck on his trip to the moon. Elon Musk’s Bad Feeling About the U.S. Economy Tesla CEO Elon
Read MoreJust four months after EV manufacturer Tesla started accepting Dogecoin (DOGE) for merchandise purchases, Elon Musk announced his plan to extend the payment option for his space exploration company, SpaceX. Musk, the CEO of SpaceX and Tesla, has been a staunch supporter of the DOGE ecosystem since 2019 and has since
Read MoreBitcoin (BTC) stayed $1,000 lower on May 19 after a grim trading session on Wall Street the day before put pay to further upside.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewMusk blasts ESG "scam" after S&P 500 exitData from Cryptox Markets Pro and TradingView showed BTC/USD circling $29,000 at the time of
Read MoreTesla and Spacex CEO Elon Musk says that dogecoin has potential as a currency. However, his Twitter buyout deal has been put on hold “pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users.” Elon Musk Says Dogecoin Has Potential as a Currency Tesla CEO Elon Musk
Read MoreTerra’s commitment to filling up its coffers with Bitcoin has been solidified once more with another $1.5 billion purchase. This is the fruit of a pledge that the project had made to buy more than $10 billion worth of BTC to serve as a reserve for its stablecoin, UST. More
Read MoreTesla and Spacex CEO Elon Musk has shared his recommended investment strategy, which he believes “will serve you well in the long term.” Some people noted that Musk’s strategy is similar to one adopted by Berkshire Hathaway CEO Warren Buffett. Elon Musk’s Investment Advice Tesla and Spacex CEO Elon Musk gave some
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