TELSA RAKE IT IN OFF BITCOIN INVESTMENT
Tesla has raked in more than $1 billion (£727 million) on Bitcoin after the cryptocurrency has nearly doubled in price.
The super-motor makers put $1.5bn of its cash reserves into around 48,000 bitcoins back in January, and the price has leapt up in the last 10 weeks.
It was then trading between $30,000 and $40,000.
This week, as bitcoin reached a record-breaking high of $64,863, Tesla’s shares were fleetingly worth more than a whopping $3 billion – although it has now dropped slightly.
