Tesla Bought Bitcoin, Here’s Why

To The Moon

With u/TSLAInsider’s claim in January that Tesla bought $800mn worth of Bitcoin and Elon Musk’s recent tweets, let’s be honest, we saw this coming.

Tesla’s filing on Monday stated that the company has bought $1.5bn of Bitcoin.

Let’s (try to) analyze this rationally. Before purchasing $1.5bn worth of Bitcoin, Tesla had $20bn cash-on-hand — Elon Musk’s brainchild went from being on…