Tesla hasn't sold any Bitcoin, Elon Musk clarifies but only after it slumps 20%

12:40:00 PM, Monday 17th of May 2021 | in business

After facing a lot of heat on social media for his negative comments related to Bitcoin that led to a record 20% fall in the price of the most popular cryptocurrency, Elon Musk clarified that Tesla hasn't sold any Bitcoin. Musk tweeted this in response to a tweet that blamed him for a record fall in Bitcoin prices. Some claimed that the negative comments were made intentionally by Musk to buy more Bitcoin at the bottom.