Tesla made a million-dollar profit from the sale of cryptocurrency

Tesla made a million-dollar profit from the sale of bitcoins. The first quarter financial statements of Ilon Musk’s company show that the organization sold $272 million worth of cryptocurrency at the end of March, with a net profit of $101 million.

This deal and the growth in car sales contributed to the fact that the company’s quarterly profit increased 27 times and reached $438 million on an annualized basis.