Please join us in congratulating Emily Johnson on her Tesla Model 3 purchase.
We sincerely appreciate your business and wish you years of enjoyable driving.
Thank you for choosing us!

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Please join us in congratulating Emily Johnson on her Tesla Model 3 purchase.
We sincerely appreciate your business and wish you years of enjoyable driving.
Thank you for choosing us!

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The new electric VW T1
Leading electric car maker Tesla holds around $2 billion worth of the flagship digital asset, Bitcoin, as of the end of last year. This was contained in the firmโs report to the United States Securities and Exchange Commission. According to the filing, the โfair valueโ of the Elon Musk-led companyโs Bitcoin holding as of the end of December is $1.99 billion. It was also revealed that the company views crypto as an investment and liquid alternative to cash. A review of the report indicated that the company provided a timeline of the process leading to the accumulation of the asset. Tesla, in early 2021 purchased $1.5 billion worth of Bitcoin, a historical purchase. The company holdings were further boosted when it began to accept the asset as a payment option for its vehicles. The decision was later rescinded because of the environmental concerns of mining Bitcoin. However, the company has severally hinted that it could start accepting the crypto king again. โIn the year ended December 31, 2021, we recorded approximately $101 million of impairment losses resulting from changes to the carrying value of our Bitcoin and gains of $128 million on certain sales of Bitcoin by us.โ Speaking further in the report, the company noted that, at some point, it might choose to increase or decrease its Bitcoin holdings at any time. This decision would, however, be majorly driven by the needs of its business alongside its view of the market and environmental conditions. โโโโโโโโโโโโโโโโโโโโโโโโ- Like| Comment| Follow| share Are you into CRYPTO | NFT | TECHNOLOGY? Follow @cryptoworldpage Get daily cryptocurrency news updates Any questions | Comment below โฌ๏ธ OR slide in our DM โโโโโโโโโโโโโโโโโโโโโโโโ- #cryptoworldpage #bnb #cryptocurrency #crypto #nftcollector #cryptoworldwide #btc #meta #btcnews #elonmuskquotes #nftdrop #tesla #dogecoin #teslamotors #teslamodels #eth #elonmusk #blockchainnews #cryptonewsdaily #metaverse #cryptoinfo #altcoin #cryptonews24 #cryptonews #cryptoinvestor #cryptoworld https://www.instagram.com/p/CZuwLuyLjjw/?utm_medium=tumblr
In 2022, the most expensive electric vehicles is on the road