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Elon Musk’s Tesla Could Have Earned $17 Billion from Bitcoin, Here’s What Went Wrong

  • Tesla could have amassed 160,000 BTC worth over $17 billion by accepting just 2% of car sales in Bitcoin since 2021.
  • Elon Musk's 2021 decision to halt BTC payments cost Tesla billions; recent crypto-friendly signals raise speculation about a possible comeback.
  • If Tesla had continued accepting Bitcoin, the potential BTC stash would have equaled 42.5% of total profits made since 2021.
  • Despite Musk's interest in crypto, Tesla has not resumed BTC payments; speculation arises due to gains on BTC holdings and new accounting rule changes.

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