Tesla (NASDAQ: TSLA) was featured in a recent Reuters article titled, “Tesla’s Elon Musk asks about converting ‘large transactions’ to bitcoin.” The piece covers a Twitter exchange on Sunday between Elon Musk and a well-known advocate for the digital currency, where Musk asked about the possibility of converting “large transactions” of Tesla Inc’s balance sheet into bitcoin. MicroStrategy Inc. CEO Michael Saylor, in a tweet to Musk, suggested that the billionaire founder and head of Tesla make the move. “If you want to do your shareholders a $100 billion favor, convert the $TSLA balance sheet from USD to #BTC,” Saylor wrote in his tweet. “Other firms on the S&P 500 would follow your lead & in time it would grow to become a $1 trillion favor.”
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About Tesla Inc.
Tesla is an American electric vehicle (“EV”) and clean energy company based in Palo Alto, California. The company specializes in electric vehicle manufacturing, battery energy storage from home to grid scale and, through its acquisition of SolarCity, solar panel and solar roof tile manufacturing. For more information, visit www.Tesla.com.
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