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Elon Musk: Bitcoin is ‘Brilliant, Far Better’ than Paper Money; Tesla Isn’t Jumping in Just Yet

Tesla and SpaceX CEO Elon Musk believes cryptocurrency is a far better medium of transferring value than paper money, specifically lauding bitcoin for its ‘brilliant’ structure. Nearly everywhere Elon Mask goes, people want to talk about Tesla. On Tuesday, however, the media magnet went along with a change in focus by discussing his views about cryptocurrencies. His opinions come within months of a Bitcoin-related tweet that landed him in hot water with the social media platform. He ended up getting his account suspended by Twitter.

Source: Elon Musk: Bitcoin is ‘Brilliant, Far Better’ than Paper Money; Tesla Isn’t Jumping in Just Yet

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Billionaire Elon Musk’s $40 Million Tweet May Be A Blessing For Tesla After Settling Fraud Suit -Antoine Gara

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A tried and true platitude for many entrepreneurs is they learn more from mistakes than success. The maxim may prove especially true when it comes to automotive and aerospace billionaire Elon Musk and his $45 billion electric car giant Tesla TSLA -13.96%. In August, Musk used his Twitter TWTR -3.26% account to float a buyout of the company for a price of $420 a share, stating he’d secured funding for the take-private and had shareholder support. The price, as it turns out, was a veiled drug joke to Musk’s then-girlfriend Grimes and was pulled mostly out of thin air……

Read more: https://www.forbes.com/sites/antoinegara/2018/09/30/billionaire-elon-musks-40-million-tweet-may-be-a-blessing-for-tesla-after-settling-fraud-suit/#55b46e987435

 

 

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