Elon Musk
Tue, Apr 15Elon Musk is the co-founder and CEO of Tesla. He is also the founder, CEO, engineer, and investor in several other companies, including SpaceX, The Boring Company, Neuralink, and OpenAI.
Musk's tweets have been known to impact cryptocurrency markets, leading to both price surges and significant sell-offs, depending on his public endorsements or criticisms of various projects.
He is particularly recognized for his support of Dogecoin (DOGE) and has publicly announced Tesla's acceptance of bitcoin (BTC) as a payment method for vehicle purchases.
Musk frequently shares his views on Bitcoin via Twitter, including a notable announcement in 2021 that Tesla had purchased USD $1.5 billion worth of Bitcoin.
In July 2022, Musk and Tesla sold over USD $900 million worth of Bitcoin (BTC) to strengthen Tesla's cash position, partly due to COVID lockdowns in China.
However, Tesla did not sell any of its Dogecoin (DOGE) holdings and still retains more than USD $200 million worth of digital assets.
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