Zephyrnet Logo

Commentary on Tesla’s Sale of Digital Assets

Date:

July 20, 2022, 8:59PM EDT

• 2 min read

Quick Take

  • Today Tesla announced it had sold off ~83% of its digital assets
  • Elon Musk cited the COVID shutdowns in China as the catalyst behind the sale
  • Tesla clarified/revealed that it has not sold any of its Dogecoin on today’s earnings call
  • Disclaimer: This is a market commentary research piece and includes opinionated views from our research team. Nothing contained in this piece constitutes a solicitation, recommendation, endorsement, or offer by The Block Research.

Join The Block Research for exclusive research like this

Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.

Already a Research Member? Login Here

spot_img

Latest Intelligence

spot_img