Tesla’s Bitcoin investment could be bad for the company’s climate reputation and its bottom line - TechCrunch

in bitcoindailynews •  4 years ago 

Tesla’s Bitcoin investment could be bad for the company’s climate reputation and its bottom line - TechCrunch

Click here to read source article from TechCrunch

Summary

Tesla’s $1.5 billion investment in Bitcoin may be good for Elon Musk, but it’s definitely risky for the company that made him the world’s richest man, according to investors, analysts and money managers at some of the country’s largest banks. As a standard be…

My Thoughts

Does anyone else feel like these articles are just rehashed/recycled material that gets printed over and over again?

Quote of the Day

If past history was all that is needed to play the game of money, the richest people would be librarians.

-Warren Buffet

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Yeah the last time BTC was front and center news it got hammered by the medja on its ugly carbon footprint...how will BTC survive that as it grows into an even bigger power hog?