Elon Musk's $1.5 billion bet on bitcoin has exposed Tesla to 'immense' risk that could wipe out its profits, analysts say

Elon Musk's $1.5 billion bet on bitcoin has exposed Tesla to 'immense' risk that could wipe out its profits, analysts say

Business Insider

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Elon Musk's Tesla will have to revalue its new $1.5 billion bitcoin holding regularly, meaning a plunge in the price could batter the firm's profits.

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