What's this? This is an unbiased just-the-facts news timeline ('newsline') about Elon Musk, created by Newslines contributors. Learn more

Elon Musk

Elon Musk202 posts

Elon Musk is a South-African born Canadian-American engineer, inventor, and entrepreneur, born in 1971. He was a co-founder of PayPal, which was sold to Ebay for $1.5 billion. He then founded Space Exploration Technologies (SpaceX) and Tesla Motors. He is chief executive and chief designer at SpaceX and CEO and head of product design at Tesla and chairman of Solar City. Musk purchased Twitter in September 2022.

Latest News view > Click for Biography view
1 Feb, 2023

Tesla lost $140m on Bitcoin in 2022

BitcoinTesla MotorsFinancial Report0 Comments

According to SEC filings, Tesla lost $140m on its Bitcoin investments in 2022, losing $204m overall, although it gained back $64m through trading. The company holds $184m in Bitcoin, having offloaded most of its initial £1.5 billion purchase a few weeks after it was purchased in early 2021.