Name: Tesla's Musk Remains Open To Buying More Bitcoin by SilverLineSwap
Duration: 2 min 7 s
Description: The CEO stated that while the EV company could increase its position in the future, he wants to increase its cash position right now. Elon Musk, CEO of Tesla (TSLA), stated on the firm's earnings call on Wednesday that the company sold the majority of its bitcoin (BTC) holdings in the second quarter to strengthen its cash position in light of the uncertainties around COVID-19 lockdowns in China.

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Binance

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The CEO stated that while the EV company could increase its position in the future, he wants to increase its cash position right now. Elon Musk, CEO of Tesla (TSLA), stated on the firm's earnings call on Wednesday that the company sold the majority of its bitcoin (BTC) holdings in the second quarter to strengthen its cash position in light of the uncertainties around COVID-19 lockdowns in China.

Tesla's Musk Remains Open To Buying More Bitcoin

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Tesla's Musk Remains Open To Buying More Bitcoin

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