Tesla and Bitcoin shares for $1 trillion
The rising value of cryptocurrencies haunts Tesla founder Elon Musk. The other day, he asked on his social networks if it was possible to transfer the entire balance of his business to bitcoins.
The first trader has published a meth about people who think too much about digital currency. In a commentary below this post, Michael Sailor, whose company develops business intelligence software, suggested converting Tesli’s balance sheet into bitcoins so that the cryptocurrency exchange rate would increase to a trillion dollars over time. Musk was considering the proposal, and Sailor said he donated $1.3 billion to bitcoins. Tesla shares rose 630% in 2020 and Elon Musk’s fortune surged by $110 billion. In the ranking of the richest people, Elon Musk managed to overtake Facebook founder Mark Zuckerberg. Elon Musk currently ranks third in the Forbes rankings. But it could have been quite different: once “in the dark days,” Elon Musk invited Apple CEO Tim Cook to discuss tesla’s purchase, but he refused to meet.
What will happen to Tesli shares in 2021? Experts believe this is not the full potential that the shares have shown in 2020.
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