Tesla earned $ 101 million from sales less than 12% of their bitcoins


For the first quarter of 2021, Tesla Motors sold part of its Bitcoins, receiving profit from $ 101 million transactions.

In the latest financial report, the automaker indicated that the first quarter helped $ 272 million from the sale of about 11.4% of digital assets. Earnings from cryptocurrency operations amounted to 23% of the company’s net profit of $ 438 million. At the same time, the revenue from the implemented BTC accounted for only 2.6% of the gross income of $ 10.39 billion.

In February, Ilon Mask reported buying Tesla

Next, their replenishment can also occur due to the sale of electric vehicles for bitcoins that will not immediately convert to Fiat.

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