A Tesla sign is seen on the Shanghai Gigafactory in January 2020. Photo: Reuters
A Tesla sign is seen on the Shanghai Gigafactory in January 2020. Photo: Reuters
Tesla

Tesla sells 75 per cent of bitcoin amid cryptocurrency crash, promises ‘record-breaking’ second-half results

  • Tesla reduced its bitcoin holding to US$218 million worth last quarter, boosting its cash hoard to US$18.3 billion
  • Company delivered 27 per cent more vehicles from a year earlier and promised a ‘record-breaking’ second-half results

A Tesla sign is seen on the Shanghai Gigafactory in January 2020. Photo: Reuters
A Tesla sign is seen on the Shanghai Gigafactory in January 2020. Photo: Reuters
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