Tesla Sold Its Bitcoin at Pretty Much the Worst Moment Imaginable
Talk about a missed opportunity. Horrible Timing Tesla massively missed the mark in the second quarter of this year, conceding this week that its automotive revenue fell a whopping 16 percent from last year, on top of last quarter's financial woes. As sales continue to plummet worldwide, the Elon Musk-led EV maker could really use a lifeline in the form of billions of cash. But as CNBC reports, its digital asset investments likely won't be the solution. Tesla boasted in its investor deck th