Bitcoin Is ‘A Liquid Alternative To Cash’ Says Elon Musk’s Tesla Today

31

  • In a recent SEC filing, Tesla doubled-down on its bitcoin investment as “a liquid alternative to cash” thesis.
  • Tesla experienced a rocky path from buying bitcoin, to accepting it as payment, and later removing it as a payment method over environmental concerns.
  • Tesla also recently entered the bitcoin mining space.

In a recent U.S. Securities and Exchange Commission (SEC) filing, Tesla Inc. reiterated its pro-Bitcoin position stating that bitcoin has “long-term potential” and is “a liquid alternative to cash.”


This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More