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jumanji0881

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jumanji0881

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Monday, 02/22/2021 3:40:36 PM

Monday, February 22, 2021 3:40:36 PM

Post# of 37920
The Tesla-Bitcoin connection

Tesla (TSLA) is "on a trajectory to make more from its Bitcoin (BTC-USD) investments than profits from selling its EVs cars in all of 2020." That's according to Wedbush's Dan Ives, which gave the estimate in a research note on Saturday. While he didn't lay out the numbers, Bitcoin has climbed about 65% since Jan. 31, which would put the profit on Tesla's $1.5B bitcoin investment at around $975M.
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