Tesla held onto its sizeable Bitcoin bags in the third quarter and upped its spending on artificial intelligence and research and development. Electric vehicle maker Tesla made no changes to its sizeable Bitcoin (BTC) holdings — the fifth quarter in a row — though it has directed more funds to double its computing capacity amid…
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The eccentric billionaire polled his Twitter followers but already had the sale planned due to tax obligations. Tesla CEO Elon Musk has offloaded more than one billion dollars worth of shares according to recent financial filings. Filings submitted on Nov. 11 to the Securities and Exchange Commission confirm the sale of more than 934,000 Tesla…
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Tesla stock began to slide in late January, accelerating after the BTC purchase announcement. Tesla CEO Elon Musk has lost his crown as the world’s richest man following a sharp correction in Bitcoin and a slump in his company’s stock that some analysts believe are correlated. Tesla stock (TSLA) has dropped 21% from its high…
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