Tesla sold 75% of Bitcoins


Tesla reported a smaller drop in quarterly profits because of the rise in the price of electric vehicles.

The finance officer, Zachary Kirkhorn said, "Tesla was still putting to reach 

The finance officer, Zachary Kirkhorn said, Trala was still pushing to reach 50% growth in this year.

XEO, Elon Musk has said that he expects inflation to start by the end of 2022

Tesla has sold out 75% of its holding in Bitcoins, adding $936 in cash to its balance sheet.

In the previous year, Tesla made a $1.5 billion investment in Bitcoins and announced that it would accept Bitcoin as a payment.

Elon Musk said, "We have not sold any of our Dogecoin"

In terms of profitability, the company is performing well than it did in Quarter-2 2021