Tesla's Bitcoin sale in 2022 has cost them billions, here’s why
Tesla's 2022 Bitcoin sell-off now looks costly. The $936 million worth, if sold, would be worth over $3.5 billion today, with its full stash nearing $5 billion. Bitcoin has surged past $115 thousand, boosted by easing inflation and Trump's pro-crypto policies. Tesla's stock, however, is down 19.5% YTD, pressured by EV sales and margin woes.