Elon Musk Says Tesla Might Use Bitcoin Again After All
Elon Musk got holders of Bitcoin (CRYPTO: BTC) going again after suggesting Tesla (NASDAQ: TSLA) could start accepting the cryptocurrency again, sending the coin's value jumping to just under $40,000.
The bigger news, though, might actually be that Tesla has sold some of its Bitcoin stockpile just weeks after Musk said Tesla hadn't sold any (and that Tesla would not use Bitcoin over environmental concerns). Musk, though, admitted the electric vehicle (EV) maker sold about 10% of its stash, but only to test the market's liquidity without moving its price.
Source Fool.com