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Elon Musk's tweet causes Bitcoin value to dip further, Musk says Tesla did not sell Bitcoin

Elon Musk's tweet causes Bitcoin value to dip further, Musk says Tesla did not sell Bitcoin

India Today
Monday, May 17, 2021 07:33:41 AM UTC

Elon Musk in a reply to a tweet "clarified speculation" saying that Tesla has not sold any Bitcoin.

On Monday, Tesla CEO Elon Musk replied to a tweet to “clarify speculation” saying that Tesla has not sold any Bitcoin. Musk had earlier replied to a tweet from an unverified account on Twitter called @CryptoWhale which said, “Bitcoiners are going to slap themselves next quarter when they find out Tesla dumped the rest of their #Bitcoin holdings. With the amount of hate @elonmusk is getting, I wouldn't blame him". Musk replied with a vague "indeed" but did not specify if Tesla sold off its Bitcoin or if he simply agreed with the sentiment that he faced criticism. On Monday, Musk clarified that Tesla has not sold any Bitcoin. Replying to a tweet from @BTC_Archive, “Bitcoin is down 20% since @ElonMusk started shitposting. And you wonder why some people are mad?”
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