Elon Musk News

17.08 / 17:15

Scams Football Tezos elon Fake Manchester United token soars 3,000% after Elon Musk jokes about buying team

Manchester United Fan Token (MUFC) is a dead coin and not related to the sports franchise, but one Elon Musk tweet was enough to revive it on Aug. 17.

16.08 / 11:47

Dogecoin Twitter elon This crypto wallet was criticized by Elon Musk, but turned this into an opportunity

Negative feedback is never nice — especially when it comes from a high-profile individual.

10.08 / 23:31

markets Bitcoin Bears week $475M in Bitcoin options expire this week — Are bulls or bears poised to win?

Bitcoin (BTC) has been posting higher lows for the past eight weeks, but during this time, BTC has not been able to flip the $24,000 resistance to support on at least three different opportunities. This is precisely why the $475 million Bitcoin options expiry on Aug. 12 might be a game changer for bulls.

07.08 / 13:09

markets Tesla Bitcoin elon Elon Musk: US 'past peak inflation' after Tesla sells 90% of Bitcoin

Bitcoin (BTC) is in short supply at Tesla, even as its CEO predicts that United States inflation has already peaked.

05.08 / 20:13

Tesla elon Elon Musk Predicts ‘Mild Recession’ for 18 Months, Says Inflation Has Peaked

Tesla Inc. Chief Executive Elon Musk said he expects the U.S. is headed for a mild recession and predicted that the rapid pace of inflation will begin to cool.

04.08 / 16:33

Twitter Binance Tesla Tesla Motors Twitter chases Citadel’s founder, Binance in a race of subpoenas

As the failed acquisition of social platform Twitter by one of the world's richest men, Elon Musk, turned into a protracted court conflict, both sides are filing subpoenas to gather information ahead of the first hearing.

03.08 / 06:39

Former Pakistani Prime Minister Imran Khan's Instagram Account Hacked Briefly By Crypto Scammers

Crypto scammers briefly hack Imran Khan's Instagram account

01.08 / 18:51

Twitter Binance litecoin Bitcoin Deal Craig Wright Wins One Pound, Bitcoin & Ethereum Flows, Ledger's Deal, Soulbound Binance + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

01.08 / 17:17

BLOCK Platform Infinity Doge elon 7 New Altcoins That Could Explode Instead of Elon Musk Dogecoin

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

29.07 / 23:13

business coinbase Tesla elon Crypto Biz: Elon Musk: The ultimate crypto tourist

Elon Musk’s Tesla proved to be the ultimate paper hands after the electric vehicle maker sold 75% of its Bitcoin (BTC) holdings in the second quarter. I say, good riddance. The cult of personality isn’t good for Bitcoin, and neither is a technologist who treats the asset as his plaything. As far as we are aware, Musk hasn’t sold any of his personal Bitcoin stash and Tesla still has an estimated 10,800 BTC on its books. Still, the less we have to hear about Musk and Bitcoin, the better.

26.07 / 13:47

SEC Tesla Bitcoin Holdings bitcoin holdings Tesla Reveals Its Bitcoin Holdings and BTC Sale Profit

The electric car maker Tesla has revealed that it still holds digital assets worth approximately USD 222m, after saying last week that it had sold 75% of the bitcoin it held on its balance sheet. The company has posted a USD 64m gain on the sale.

26.07 / 08:05

Tesla Musk is in tough spot with Tesla margins shrinking despite price rise

Therese Poletti writes the ‘Tech Tales’ column for MarketWatch

25.07 / 20:39

business SEC Tesla Bitcoin reports Tesla reports $64M profit from Bitcoin sale

Tesla’s decision to offload most of its Bitcoin (BTC) treasuries netted the company a hefty profit in the second quarter, even as crypto prices plunged into a bear market.

23.07 / 07:15

cryptocurrency crypto news Bitcoin Holdings Bitcoin Recovers After Sell-Off On News Tesla Sold 75% Of Its holdings

Bitcoin recovers after falling on news Tesla sold 75% of its holdings

22.07 / 16:57

Twitter HCA Schlumberger Verizon Stocks making the biggest moves premarket: American Express, Verizon, Twitter and more

In this article

22.07 / 13:21

Tesla Bitcoin Holdings bitcoin holdings NOT Tesla sells 75% of its Bitcoin holdings, expert say Musk did not fancy it much

Tesla Inc has trimmed its Bitcoin stake by one fourth, the renowned electric car manufacturer disclosed in its earnings for the quarter ended June 2022. In a shocker to the crypto world, Elon Musk's company revealed that it has converted about 75 per cent of its Bitcoin holding into fiat currency, which added about $963 million to its balance sheet. However, the automobile major in February 2021, had announced that it had invested about $1.5 billion in Bitcoin but subsequently sold 10 per cent of its stake in April, just two month later.

22.07 / 09:03

Tesla Treasury Bitcoin Tesla sells majority of Bitcoin after turbulent crypto foray

Tesla Inc. sold a significant chunk of its stake in Bitcoin, an investment that helped legitimize the world’s largest electronic currency. “As of the end of Q2, we have converted approximately 75% of our Bitcoin purchases into fiat currency,” Tesla said in a shareholder letter Wednesday as part of the company’s earnings report. “Conversions in Q2 added $936M of cash to our balance sheet.” The electric-car manufacturer disclosed in February 2021 that it had invested $1.5 billion in Bitcoin, and subsequently sold 10% of its stake that April. Tesla said Wednesday its digital assets have shrunk to $218 million, and that a Bitcoin impairment hurt second-quarter profitability.

21.07 / 23:49

cryptocurrency Tesla Bitcoin elon Tesla sells 75 per cent of its Bitcoin as profits slump in crypto U-turn for Elon Musk

Tesla has sold a large proportion of its cryptocurrency holdings, after making waves last year revealing it had a significant investment in Bitcoin.

21.07 / 15:23

Investing Tesla Bitcoin Did Tesla Make Profit on its Bitcoin Investment?

The electric car maker Tesla sold off 75% of its bitcoin (BTC) holding for “a realized gain” in the second quarter, prompting speculations on how this investment went for the company. The sale is believed to have been made at a price of around USD 29,000, higher than the lows seen during the quarter.

21.07 / 14:35

cryptocurrency Tesla Bitcoin Holdings Bitcoin Recovers After Brief Sell-Off On News Tesla Sold 75% Of Its Holdings

Bitcoin was last up 1.04% at $23,494.57, after sliding as much as 0.5% to $23,268.92.

21.07 / 13:35

Dogecoin cryptocurrency Tesla Bitcoin Holdings bitcoin holdings Tesla Sells 75% Of Its Bitcoin Holdings After Turbulent Crypto Foray

As of the end of Q2, Tesla said it has converted 75% of our Bitcoin purchases into fiat currency.

facts about Elon Musk

Who is Elon Musk?

Elon Musk is a notable individual featured in various informative articles related to current events.

Why is Elon Musk attracting attention?

Elon Musk frequently draws public interest due to public appearances, which sparks conversations.

Where can I find the latest news about Elon Musk?

Our website has a dedicated section featuring all publications related to Elon Musk. We continuously monitor developments and update the information promptly.