Commentary on Tesla’s Sale of Digital Assets

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.

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Source: https://www.theblockresearch.com/commentary-on-teslas-sale-of-digital-assets-158858?utm_source=rss&utm_medium=rss