Tesla made $ 1 billion profit with Bitcoin investment

Daniel Ives, an analyst at US-based investment firm Wedbush Secutities, suggested that Tesla made nearly $ 1 billion profit from $ 1.5 billion Bitcoin investment

Tesla made $ 1 billion profit with Bitcoin investment

In the information note prepared by the US-based investment company Wedbush Secutities, it was stated that "Tesla is on the way to make more profit with this investment than all electric vehicle sales in 2020".

The company, which Elon Musk is managing, reported to the US Securities and Exchange Commission on February 8 that it received $ 1.5 billion in Bitcoin in January. The company also announced that it can accept payments in Bitcoin.

When Musk put Bitcoin in a Twitter message that had more than 47 million followers before this report, the value of the crypto money suddenly increased by 20 percent.