I heard that Elon Musk invested in cryptocurrency, but recently the
crypto market has been fluctuating wildly. I'm curious to know how much money Elon Musk has lost in the cryptocurrency market.
5 answers
CryptoEmpireGuard
Fri Dec 13 2024
However, the company was able to recoup some of these losses through trading, gaining back $64 million.
SarahWilliams
Fri Dec 13 2024
Elon Musk's Tesla experienced significant losses on its
Bitcoin investments in 2021.
CryptoElite
Fri Dec 13 2024
The company reported a $140 million loss from its Bitcoin holdings last year, which translates to approximately £113.5 million.
Chiara
Fri Dec 13 2024
Tesla disclosed this information in its regulatory filings, providing insight into the financial impact of its cryptocurrency investments.
alexander_smith_musician
Fri Dec 13 2024
In total, Tesla lost $204 million on its Bitcoin investments.