Using a combination of emojis and text, Elon Musk said Tesla has “diamond hands”, implying that the auto company would not be parting with its $1.5 billion stake in bitcoin.
Elon Musk. (File Image)
Tesla boss Elon Musk has put out a cryptic tweet using emojis to imply that he has no plans to sell off his stake in bitcoin, even though the world’s most popular cryptocurrency plunged as much as 30 percent on May 19.
Musk seemed to be confident about not selling off Tesla’s crypto holding in his latest tweet, even though there has been a crypto-wide sell-off that has sent bitcoin’s valuation plummeting in half.
Using a combination of emojis and text, Elon Musk said Tesla has “diamond hands”, implying that the auto company would not be parting with its $1.5 billion stake in bitcoin.
Tesla has
— Elon Musk (@elonmusk) May 19, 2021
Credit to our Master of Coin
— Elon Musk (@elonmusk) May 19, 2021
Notably, the billionaire’s stance on Tesla’s bitcoin position has swayed from time to time. On May 12, he had announced that Tesla will no longer allow vehicle purchases using bitcoin due to environmental concerns. He had even suggested a few days ago that Tesla might sell off its stake in bitcoin but backtracked on his statement later.
