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Stock impact report

Elon Musk showers love on Bitcoin again after a long hiatus [Yahoo! Finance]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: Yahoo! Finance
The world's wealthiest person, he is well-known for his leadership of Tesla, SpaceX, X (formerly Twitter), and xAI. Tesla (Nasdaq: TSLA) disclosed holding 43,200 Bitcoin in February 2021 but sold 75% of it during the 2022 crypto winter. With 11,509 coins, it is still one of the largest corporate Bitcoin holders. SpaceX has also held Bitcoin since 2021 and currently holds 8,285 coins. Related: Elon Musk welcomes crypto veteran to X Musk's support for cryptocurrency Musk is also known for his advocacy of cryptocurrencies like Bitcoin (BTC) and Dogecoin (DOGE). He frequently discusses and shares memes about these cryptocurrencies. Energy, not fiat money, is the ultimate store of value, and Bitcoin, based on energy, is impossible to fake, unlike fiat currencies issued by governments, he once remarked . During a podcast, he even said that money could disappear as a concept and Bitcoin can take its place because it's impossible to fake energy. Musk has also talked and posted Show less Read more
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