elon-musk-buys-bitcoin:-everything-you-need-to-know-about-tesla’s-$1.5b-purchase

Elon Musk Buys Bitcoin: Everything You Need to Know About Tesla’s $1.5B Purchase

The implications of Elon Musk’s deal with bitcoin’s climate story, assorted Fortune 500 treasury management systems and more.

This episode is backed by Nexo.io.

Elon Musk’s Tesla (TSLA) has purchased $1.5 billion in bitcoin as a treasury reserve asset. Moreover, the firm will soon be allowing folk to pay for Teslas with bitcoin.

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In this episode, NLW breaks down:

  • How Elon bought to this moment, collectively with his exchanges with MicroStrategy’s (MSTR) Michael Saylor
  • What critics of the Tesla community and the bitcoin community have a tendency to mumble
  • How this de-risks bitcoin purchases for assorted Fortune 500 corporations
  • How it relates to Elon’s doge memeing
  • Why here is doubtless to have a chief impression on bitcoin’s story relating to climate trade and vitality utilize
  • Why Cathie Wood is laughing all straightforward the vogue to the monetary institution.

Image credit rating: Britta Pedersen/Getty Images Entertainment

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