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Evening Standard

World

William Mata

Tesla sells 75% of Bitcoin investment in crypto U-turn

Tesla Inc. Elon Musk Crypto Bitcoin

Elon Musk has a complicated relationship with cryptocurrency
(Picture: PA Archive)

Elon Musk has announced Tesla will sell the majority of its Bitcoin holdings, just one year after investing in the cryptocurrency.

The electric carmaker has confirmed the sale of three-quarters of its investment in Bitcoin, which has seen its value halve since the start of this year. The price of one coin has fallen from nearly $70,000 to $25,000 since November 2021.

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The GOP billionaire behind the biggest political gift in U.S. history could be sued for allegedly fueling a Chicago rat infestation

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Top stories on inkl right now

The GOP billionaire behind the biggest political gift in U.S. history could be sued for allegedly fueling a Chicago rat infestation

The GOP billionaire behind the biggest political gift in U.S. history could be sued for allegedly fueling a Chicago rat infestation

A city document says Barre Seid has paid workers for three years to scatter nuts in Lincoln Park, but officials say the practice draws rats.

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The Guardian - US

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Hong Kong steps up checks for plague for Russia arrivals after lab worker’s death in Siberia

Hong Kong says letters sent to all doctors and hospitals to remain highly vigilant of cases from Russia

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Ukrainian soldiers in combat have access to Starlink satellite internet restricted

Ukrainian soldiers in combat have access to Starlink satellite internet restricted

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