Earlier this month, we discussed the Tesla investment in Bitcoin. Because of the recent surge in Bitcoin price, it looks like Tesla’s Bitcoin profits will eclipse the money they make from their cars. Reports of Tesla profits indicate their gains in Bitcoin from just this month may exceed their income from car sales in all of 2020.

While we remain bullish on Bitcoin, we won’t start calling Tesla a Bitcoin trader that happens to make cars just yet, but it’s certainly helping to raise awareness and grab some headlines.

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