Tesla CEO Elon Musk Says He Personally Owns Bitcoin—and So Does SpaceX

  • 📰 WSJ
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

Elon Musk says he wants to ensure bitcoin mining uses more renewable energy before the electric-vehicle maker resumes accepting the cryptocurrency

Tesla Inc. Chief Executive Elon Musk said Wednesday that he and his rocket company, SpaceX, hold bitcoin, a cryptocurrency he generally supports despite having concerns aboutTesla disclosed a $1.5 billion investment in bitcoin in February and soon after began accepting the cryptocurrency as payment for its vehicles. The company quickly reversed course, however, suspending that initiative in May asMr. Musk’s comments about bitcoin, at times causing sharp swings in the cryptocurrency’s value. Mr.

“I might pump, but I don’t dump,” he said on a panel about bitcoin. “I definitely do not believe in getting the price high and selling or anything like that.”To Read the Full Story

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Elon is no stranger to dumb takes. This is in his top three. Artificial scarcity through complex random number generation doesn’t become a good idea just by wasting carbon neutral energy instead of carbon positive energy.

He thicccccc he make all the carbon

Bitcoin and renewable energy?

Anyone know any good spaghetti recipes?

bitcoin mining? as if bit coin actually exists how dumb are we bitcoin & other crypto currency DO NOT EXIST

HaHa!

musk giving that princess diana look

What type of renewable energy do rockets into space use?

nice

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk says Tesla Supercharger network will be open to other cars this yearTesla CEO Elon Musk said Tuesday that the company's network of DC fast-charging stations for its electric vehicles, also known as the Tesla Supercharger network, will be open to other types of electric vehicles in 2021. Most people are bitter with the inflation in bitcoin price , the good news is that you can still earn much through bitcoin mining, if you’re interested in mining and earning $5,000 and above , then hit me up Will sell expensive adapter for surely How the f is this possible when other cars have different plugs.
Source: CNBC - 🏆 12. / 72 Read more »

Automobility’s Bill Russo Talks About China, EVs, Tesla, BYD And What Multinationals Don’t GetAutomobility's Bill Russo talks about China, EVs, Tesla, BYD and what multinationals don't get For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her kimberlyalr88 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success
Source: Forbes - 🏆 394. / 53 Read more »

Tesla plans to open its charging network to other EVs later this yearTesla Inc (TSLA.O) plans to open its network of superchargers to other electric vehicles later this year, Chief Executive Officer Elon Musk said on Twitter. More revenue for $tesla, imagine owning every gas stations for these polluting OEM $ford $GM $VW Remember the VHS versus Betamax video wars? There should be one standard charging station spec for all electric vehicles.
Source: Reuters - 🏆 2. / 97 Read more »

AMC Theatres CEO Adam Aron to Add Chairman TitleAMC Theatres CEO Adam Aron will become chairman of the theatrical giant’s board of directors, taking on the new responsibilities in the wake of the resignation of Wanda executives Lin Zhang a… LFG!!!!!! apestogetherstrong We definitely need more CEOs like this.
Source: THR - 🏆 411. / 53 Read more »

The Intersection Of Fashion And Social Justice With 40 Tons CEO Loriel AlegreteThis premium cannabis clothing and accessories company is owned and operated by CEO Loriel Alegrete, a woman who saw a lot of her most cherished loved ones get locked up for weed and decided to do something about it. For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her Beresford_C_56 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success 5/1000 definitions of art: Anyone can't become an artist after using brain-control and eat others once. But the real artists about 20 years ago are not included here, although they are also used by brain-control. They didn't actually do it on purpose.
Source: Forbes - 🏆 394. / 53 Read more »

UBS’s Ralph Hamers is a CEO in search of a problemNew bank chief executives often inherit messes. Credit Suisse’s (CSGN.S) Thomas Gottstein took over after a spying scandal, while Citigroup’s (C.N) Jane Fraser and HSBC’s (HSBA.L), (0005.HK) Noel Quinn are pruning their global sprawls in search of a higher valuation. The new broom at Switzerland’s UBS (UBSG.S), Ralph Hamers, has no glaring problems to fix, which may explain why his strategy looks a little underwhelming.
Source: Breakingviews - 🏆 470. / 51 Read more »