After Tesla sold most of its bitcoin, Elon Musk says he is open to buying more, though ‘cryptocurrency is a side show’
July 20, 2022 at 18:21 PM EDT
Tesla Inc. Chief Executive Elon Musk said late Wednesday that the electric-vehicle maker sold two-thirds of its bitcoin holdings last quarter because it was "uncertain" about when COVID-related lockdowns in China would alleviate and sought to maximize its cash position.