Giant e-car manufacturer company Tesla, which was holding $2 billion worth of Bitcoin since Feb 2022, is expected to lose huge money in the last 8-9 months.
Tesla is an electric car manufacturing company. In Feb 2021, Tesla purchased $1.5 billion worth of Bitcoin. It was the first-ever biggest Bitcoin investment in the crypto market, where a direct-to-customer service provider company showed such a high level of interest in Bitcoin.
Due to Tesla’s investment in Bitcoin, Bitcoin prices surged significantly. In July 2021, the company started to accept payments in Bitcoin to sell its e-car but later suspended Bitcoin payment options. Tesla CEO Elon Musk said that Bitcoin was not a better option to use in the payment options but admitted that Bitcoin is the best store of value.
According to the report of Thetelegraph, at the current Bitcoin price, Tesla has less than $2 billion worth of Bitcoins. And this company lost around $440 million from November 2021 to date.
In the incoming earning call report filing, Tesla will report its exact holding and exact loss. Few people claimed that Tesla may have sold some more Bitcoin holdings in the last few months, but here it will be too early to comment. In March, the company sold some of its holdings and that resulted in a significant correction in the price of Bitcoin. At that time Tesla’s CEO was badly criticized by the crypto industry.
Inflation, Bitcoin & Elon Musk
In early 2022, when the inflation topic was at a trending level, then Elon Musk took to Twitter and talked about inflation & rising issues. Later discussion touched the topic of Bitcoin and cryptocurrencies, then Elon said that he will hold his crypto holdings strongly.
Read also: Crypto & CBDCs can be a more efficient payment system, says IMF
Tesla may report its millions of losses in Bitcoin
https://bitcoinik.com/tesla-may-report-its-millions-of-losses-in-bitcoin/feed/
https://bitcoinik.com/tesla-may-report-its-millions-of-losses-in-bitcoin/feed/
Buy bitcoin and other cryptocurrencies on crypto exchanges: Binance Coinbase Kraken Bitfinex
⚠️WORLD OTC⚠️
💸PAYING AS OF 06/28/2022💸
🛑 REGISTRATION LINK
https://www.worldotc.com/#/pages/login/register?invite=75103
FOR EVERY 10 USERS that you INVITE and work on the platform they will give you $10
————————————————
🌍HOW DOES IT WORK?🌍
👉🏻Rounds are settled every 3 hours, and each round will be 0.4% of your investment amount.
👉🏻You can do up to 8 rounds a day, with a MAXIMUM RENT OF 3.2℅ DAILY.
👉🏻 Make compound interest and double your investment in just 23 days.
👉🏻 The maximum profit per month is 157.2%.
⚫️ Minimum investment amount: 10USDT.
🟢 Minimum withdrawal amount: 5USDT.
🔴 Withdrawal fee: 3℅
————————————————
☢️ MORE INFORMATION
🤖 Self clips
💸 Proof of payment
📺 Telegram groups
https://t.me/WorldOTC1
—————————————————————————————————————-
💠
👉Reward $9.88 for deposit over $100 ♻️♻️🔰
👉The withdrawal speed is fast
👉0% withdrawal fee
👉Simple, safe and stable system
👉Platform cooperation app successfully launched \five-level agency model without investment\. Each user can be a proxy
👉Great Rewards
👉 Referral link
👇⬇️
https://laz220.com?code=119055
Lazada: Rewards for old users who invite new users:
?? Invite 3 first-level valid members (reload $100, buy 50 times), reward $18.88 💰💰✨
?? Invite 10 first-level valid members (reload $100, buy 50 times) and reward $48.88
?? Invite 20 active members, first level member (recharge $100, buy 50 times) and reward $98.88
?? Invite 30 first-level valid members (reload $100, buy 50 times) and reward $288.88
?? Invite 50 first-level valid members (reload $100, buy 50 times) to reward $388.88 and more. The content of the event is to deposit $100 for each valid first level member
Users who qualify to receive rewards contact Lazada Support to receive rewards
For example, if you invite A to top up $500, and the commission generated by A is $20 per day, then you get 16% of the commission generated by A per day, and 16% of $20 is $3.2, and you get $3.2 per day
👇⬇️
https://laz220.com?code=119055
————————————————————————————————————————-
🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨
Brand new mining Platform machine
rental very easy to use! ✅
🟢Minimum deposit : 10 usdt
🟢Minimum withdraw : 10 usdt
Referral invite:
Line1: 11%
Line2: 8%
Line3: 6%
Registration link:
base.siteminingzone.com/siteMining/register?referralCode=159686
❌Warning:❌
Investing in cryptocurrency carries a high level of risk.
—————————————————————————————————————————————
🔥🔥!! NEW APP!!🔥🔥
👉👉 Name: BUYSTATION 🎄🎄
📆Launched on 01/07/2022
🎉Register and earn money easily 🎁
📈 Daily earnings between 5.6%
💳Payment: USDT TRC-20. *Same Allegro*
🕛Withdrawal time: 5 minutes 2 hours
🌐Registration link👇👇
https://buystation.ink/#/pages/login/register/index?referCode=n6aIBy
🤯🤯 REGISTRATION BONUS $5
🤯🤯 REF PRIZE $5
🤯🤯 $6 for $100 CHARGES
🤯🤯 NOTE REGISTRATION BONUS VALID FOR 12 HOURS
📥Minimum investment $20💵
📤Minimum $30 withdrawal💵
👥team commission💰
⭐️(Level 1 – 18%) 🔥
⭐️(Level 2 -10%) 🔥
⭐️(Level 3 – 5%) 🔥
🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨
❌Warning:❌
Investing in cryptocurrency carries a high level of risk.
—————————————————————————————————————————————-
Risk Reminder:
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by Cryptonews24.eu, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin.
Cryptonews24.eu provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice.
Cryptonews24.eu recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.
