🕷️ Crawler Inspector

URL Lookup

Direct Parameter Lookup

Raw Queries and Responses

1. Shard Calculation

Query:

Response:

Calculated Shard: 16 (from laksa035)

2. Crawled Status Check

Query:

curl -X POST \
  'http://laksa016.int.ahrefs:8124/' \
  -H 'Content-Type: text/plain' \
  -H 'X-ClickHouse-Database: crawler3' \
  -H 'Authorization: Basic YXBpOg==' \
  -d 'SELECT getAhrefsURLFromUnparsed(src_unparsed) AS found_url, ifNull(toUnixTimestamp(download_stamp), 0) AS crawl_time, ifNull(toUnixTimestamp(props_url_first_seen), 0) AS first_indexed_time, download_http_code AS http_code, src_unparsed AS src_unparsed, src_root_hash AS src_root_hash, history_drop_reason AS history_drop_reason, meta_title AS meta_title, meta_descriptions AS meta_descriptions, attrs_boilerpipe_text AS attrs_boilerpipe_text, attrs_markdown AS attrs_markdown, attrs_readable_markdown AS attrs_readable_markdown, meta_canonical AS meta_canonical FROM crawler3.page_info_local FINAL PREWHERE (src_root_hash, src_unparsed) IN ((getAhrefsRootHashFromUnparsed(getAhrefsUnparsedNoserviceFromURL(\'https://www.bbc.com/news/business-62246367\')), getAhrefsUnparsedNoserviceFromURL(\'https://www.bbc.com/news/business-62246367\'))) FORMAT JSONEachRow'

Response:

{"found_url":"https:\/\/www.bbc.com\/news\/business-62246367","crawl_time":1774340329,"first_indexed_time":1658359464,"http_code":200,"src_unparsed":"com,bbc!www,\/news\/business-62246367 s443","src_root_hash":"1643509356818581016","history_drop_reason":null,"meta_title":"Elon Musk's Tesla sells most of its Bitcoin holdings","meta_descriptions":["The announcement comes as the value of the world's biggest cryptocurrency has plunged."],"attrs_boilerpipe_text":"21 July 2022\nGetty Images\nTesla, which made waves last year when it revealed a major investment in Bitcoin, has now sold off most of its holdings of the cryptocurrency.\nThe electric car firm has offloaded 75% of its Bitcoin, which was worth about $2bn (£1.7bn) at the end of 2021.\nIt is backing away as the value of the cryptocurrency has plunged, falling by more than 50% this year.\nTesla said it bought traditional currency with the $936m (£782m) from its Bitcoin sales.\nTesla boss Elon Musk has been among the most high profile champions of cryptocurrency, with his pronouncements on social media often driving significant trading activity.\nTesla's $1.5bn investment in Bitcoin, revealed in February 2021,\nprompted a surge of demand in the currency.\nThe price of the notoriously volatile cryptocurrency soared last year to almost $70,000 in November before crashing.\nOne Bitcoin now trades for less than $25,000.\nTesla profits soar as customers pay more\nTesla deliveries at record high despite challenges\nTesla starts accepting once-joke currency Dogecoin\nTesla last year stopped accepting Bitcoin as payment for its cars, citing concerns about the climate impact of energy-intensive Bitcoin mining.\nAnother Musk promise broken\nLast year, Elon Musk took to Twitter to outline Tesla's position on Bitcoin.\n\"Tesla will not be selling any Bitcoin\". That sounds pretty emphatic.\nYet from the mouth of the world's richest person, statements should be taken with not just a pinch but a shovel of salt.\nWe now know that a year after that Tweet, Tesla sold most of its Bitcoin.\nYou might be noticing a pattern here?\nWhether it's promising driverless tech or buying social media companies, Mr Musk's pronouncements don't always come to pass.\nThat doesn't seem to have hurt his business career, up to now.\nBut this is another reminder that his words, which can move markets, are not set in stone.\nThe move is yet more bad news for Bitcoin and crypto more generally. Musk is an advocate of crypto, and helped hype up currencies like Bitcoin and Dogecoin.\nMr Musk said that this wasn't a reflection on Bitcoin, and more about the need for cash.\nHowever, he also called crypto a \"side show to the side show\". Not exactly a ringing endorsement.\nTesla shared the sale of the holdings as part of its regular quarterly update. It said Bitcoin was one of the factors that hurt its profitability.\nHowever, the company reported higher-than-expected profit for the three months to the end of June as price increases of its best-selling cars helped offset challenges, including lockdowns in China.\nIt also promised a \"record-breaking second half\" to the year.\nTesla said production at its factory in China rose to a monthly record as Covid-19 restrictions were lifted.\nMr Musk also said output increased at the company's newer factories in Germany and the US.\nTesla shares have fallen by almost 40% this year.\nYou may also be interested in:\nWho is Elon Musk? Meet the meme-loving magnate behind SpaceX and Tesla... published in 2021","attrs_markdown":"[Skip to content](https:\/\/www.bbc.com\/news\/business-62246367#main-content)\n\n[Register](https:\/\/session.bbc.com\/session?action=register&userOrigin=BBCS_BBC&ptrt=https%3A%2F%2Fwww.bbc.com%2Fnews%2Fbusiness-62246367)\n\n[Sign In](https:\/\/session.bbc.com\/session?userOrigin=BBCS_BBC&ptrt=https%3A%2F%2Fwww.bbc.com%2Fnews%2Fbusiness-62246367)\n\n- [Home](https:\/\/www.bbc.com\/)\n- [News](https:\/\/www.bbc.com\/news)\n- [Sport](https:\/\/www.bbc.com\/sport)\n- [Business](https:\/\/www.bbc.com\/business)\n- [Technology](https:\/\/www.bbc.com\/technology)\n- [Health](https:\/\/www.bbc.com\/health)\n- [Culture](https:\/\/www.bbc.com\/culture)\n- [Arts](https:\/\/www.bbc.com\/arts)\n- [Travel](https:\/\/www.bbc.com\/travel)\n- [Earth](https:\/\/www.bbc.com\/future-planet)\n- [Audio](https:\/\/www.bbc.com\/audio)\n- [Video](https:\/\/www.bbc.com\/video)\n- [Live](https:\/\/www.bbc.com\/live)\n\n- [Home](https:\/\/www.bbc.com\/home)\n- [News](https:\/\/www.bbc.com\/news)\n  - [US & Canada](https:\/\/www.bbc.com\/news\/us-canada)\n  - [UK](https:\/\/www.bbc.com\/news\/uk)\n    - [UK Politics](https:\/\/www.bbc.com\/news\/politics)\n    - [England](https:\/\/www.bbc.com\/news\/england)\n    - [N. 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[Live Sport](https:\/\/www.bbc.com\/live\/sport)\n\n[Home](https:\/\/www.bbc.com\/)\n\nNews\n\n[Sport](https:\/\/www.bbc.com\/sport)\n\nBusiness\n\nTechnology\n\n[Health](https:\/\/www.bbc.com\/health)\n\nCulture\n\nArts\n\nTravel\n\nEarth\n\nAudio\n\nVideo\n\nLive\n\n[Weather](https:\/\/www.bbc.com\/weather)\n\n[Newsletters](https:\/\/www.bbc.com\/newsletters)\n\n# Elon Musk's Tesla sells most of its Bitcoin holdings\n21 July 2022\n\nShare\n\nSave\n\nShare\n\nSave\n\n![Getty Images Elon Musk at the 2022 Met Gala](https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/111AB\/production\/_125995007_musk_getty.jpg.webp)Getty Images\n\n**Tesla, which made waves last year when it revealed a major investment in Bitcoin, has now sold off most of its holdings of the cryptocurrency.**\n\nThe electric car firm has offloaded 75% of its Bitcoin, which was worth about \\$2bn (£1.7bn) at the end of 2021.\n\nIt is backing away as the value of the cryptocurrency has plunged, falling by more than 50% this year.\n\nTesla said it bought traditional currency with the \\$936m (£782m) from its Bitcoin sales.\n\nTesla boss Elon Musk has been among the most high profile champions of cryptocurrency, with his pronouncements on social media often driving significant trading activity.\n\nTesla's \\$1.5bn investment in Bitcoin, revealed in February 2021, [prompted a surge of demand in the currency.](https:\/\/www.bbc.com\/news\/business-55939972) The price of the notoriously volatile cryptocurrency soared last year to almost \\$70,000 in November before crashing.\n\nOne Bitcoin now trades for less than \\$25,000.\n\n- [Tesla profits soar as customers pay more](https:\/\/www.bbc.co.uk\/news\/business-61170691)\n- [Tesla deliveries at record high despite challenges](https:\/\/www.bbc.co.uk\/news\/business-60978211)\n- [Tesla starts accepting once-joke currency Dogecoin](https:\/\/www.bbc.co.uk\/news\/business-60001144)\n\nTesla last year stopped accepting Bitcoin as payment for its cars, citing concerns about the climate impact of energy-intensive Bitcoin mining.\n\n[At the time, Mr Musk said on social media](https:\/\/twitter.com\/elonmusk\/status\/1392602041025843203?lang=en) that the company would not be selling the Bitcoin it owned.\n\n![2px presentational grey line](https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/1226D\/production\/_105894347_grey_line-nc.png.webp)\n\n![Analysis box by James Clayton, North America technology reporter](https:\/\/ichef.bbci.co.uk\/images\/ic\/1024x1024\/p0hq72jn.png.webp)\n\n## Another Musk promise broken\nLast year, Elon Musk took to Twitter to outline Tesla's position on Bitcoin.\n\n\"Tesla will not be selling any Bitcoin\". That sounds pretty emphatic.\n\nYet from the mouth of the world's richest person, statements should be taken with not just a pinch but a shovel of salt.\n\nWe now know that a year after that Tweet, Tesla sold most of its Bitcoin.\n\nYou might be noticing a pattern here?\n\nWhether it's promising driverless tech or buying social media companies, Mr Musk's pronouncements don't always come to pass.\n\nThat doesn't seem to have hurt his business career, up to now.\n\nBut this is another reminder that his words, which can move markets, are not set in stone.\n\nThe move is yet more bad news for Bitcoin and crypto more generally. Musk is an advocate of crypto, and helped hype up currencies like Bitcoin and Dogecoin.\n\nMr Musk said that this wasn't a reflection on Bitcoin, and more about the need for cash.\n\nHowever, he also called crypto a \"side show to the side show\". Not exactly a ringing endorsement.\n\n![2px presentational grey line](https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/1226D\/production\/_105894347_grey_line-nc.png.webp)\n\nTesla shared the sale of the holdings as part of its regular quarterly update. It said Bitcoin was one of the factors that hurt its profitability.\n\nHowever, the company reported higher-than-expected profit for the three months to the end of June as price increases of its best-selling cars helped offset challenges, including lockdowns in China.\n\nIt also promised a \"record-breaking second half\" to the year.\n\nTesla said production at its factory in China rose to a monthly record as Covid-19 restrictions were lifted.\n\nMr Musk also said output increased at the company's newer factories in Germany and the US.\n\nHe previously called the sites in Berlin and Austin, Texas [\"gigantic money furnaces\"](https:\/\/www.bbc.co.uk\/news\/business-61905276).\n\nTesla shares have fallen by almost 40% this year.\n\n![2px presentational grey line](https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/1226D\/production\/_105894347_grey_line-nc.png.webp)\n\n## You may also be interested in:\nWho is Elon Musk? Meet the meme-loving magnate behind SpaceX and Tesla... published in 2021\n\n[YouTube accused of failing to tackle Musk scams](https:\/\/www.bbc.com\/news\/technology-61749120)\n\n[Tesla profits soar as customers pay more](https:\/\/www.bbc.com\/news\/business-61170691)\n\n[Tesla deliveries at record high despite challenges](https:\/\/www.bbc.com\/news\/business-60978211)\n\n[Tesla starts accepting once-joke currency Dogecoin](https:\/\/www.bbc.com\/news\/business-60001144)\n\n[Companies](https:\/\/www.bbc.com\/news\/topics\/c0repyjnd84t)\n\n[Elon Musk](https:\/\/www.bbc.com\/news\/topics\/c302m85q53mt)\n\n[Bitcoin](https:\/\/www.bbc.com\/news\/topics\/c734j90em14t)\n\n[Tesla](https:\/\/www.bbc.com\/news\/topics\/c8nq32jwjnmt)\n\n***\nRelated\n\n[Royal Mail staff say they were told to hide post to look like delivery targets met](https:\/\/www.bbc.com\/news\/articles\/cm2knk5d4deo)\n\n[HS2 trains could run slower than planned to save money](https:\/\/www.bbc.com\/news\/articles\/czex3lj077xo)\n\n[Huel bought by Danone in €1bn deal](https:\/\/www.bbc.com\/news\/articles\/czre7pl600go)\n\n***\nMore from the BBC\n\n[3 days ago ![Elon Musk during a media tour of the Tesla Gigafactory ](https:\/\/ichef.bbci.co.uk\/images\/ic\/1024x1024\/p0hq72jn.png.webp) Elon Musk misled Twitter investors, jury finds A San Francisco jury concludes Musk’s claims in 2022 were damaging to a group of Twitter investors. 3 days ago](https:\/\/www.bbc.com\/news\/articles\/c62j3yl842eo)\n\n[7 days ago ![Elon Musk on a stage with his hands tented in front of his mouth as he listens to someone next to him.](https:\/\/ichef.bbci.co.uk\/images\/ic\/1024x1024\/p0hq72jn.png.webp) Teens sue Musk's xAI over Grok's pornographic images of them Musk's AI chatbot has created millions of fake sexualised images, experts say. 7 days ago](https:\/\/www.bbc.com\/news\/articles\/cgk2lzmm22eo)\n\n[5 Mar 2026 ![Elon Musk, in a dark suit and tie with a crisp white shirt and pursed lips, arrives at federal court on March 4, 2026 in San Francisco, California. ](https:\/\/ichef.bbci.co.uk\/images\/ic\/1024x1024\/p0hq72jn.png.webp) Musk tells jury 'people read too much' into his posts The billionaire is accused of misleading investors in the run-up to his 2022 Twitter purchase. 5 Mar 2026](https:\/\/www.bbc.com\/news\/articles\/c7433dz4ykwo)\n\n[19 Feb 2026 ![Servicemen of the 68th Oleksa Dovbush Separate Jaeger Brigade of the Armed Forces of Ukraine set up Starlink satellite internet system, amid Russia's attack on Ukraine, near the frontline town of Pokrovsk in Donetsk region, Ukraine April 10, 2025](https:\/\/ichef.bbci.co.uk\/images\/ic\/1024x1024\/p0hq72jn.png.webp) Musk cuts Starlink access for Russian forces - giving Ukraine an edge at the front Ukrainian troops say Russian forces are suffering setbacks without access to Elon Musk's system. 19 Feb 2026](https:\/\/www.bbc.com\/news\/articles\/c0q3ndj7052o)\n\n[14 Feb 2026 ![X logo displayed on a smartphone lying on a laptop keyboard](https:\/\/ichef.bbci.co.uk\/images\/ic\/1024x1024\/p0hq72jn.png.webp) Why are so many organisations leaving X? Many organisation have recently announced that they will no longer be posting on their X accounts. 14 Feb 2026](https:\/\/www.bbc.com\/news\/articles\/cdxz995vd9ko)\n***\n- [Home](https:\/\/www.bbc.com\/)\n- [News](https:\/\/www.bbc.com\/news)\n- [Sport](https:\/\/www.bbc.com\/sport)\n- [Business](https:\/\/www.bbc.com\/business)\n- [Technology](https:\/\/www.bbc.com\/technology)\n- [Health](https:\/\/www.bbc.com\/health)\n- [Culture](https:\/\/www.bbc.com\/culture)\n- [Arts](https:\/\/www.bbc.com\/arts)\n- [Travel](https:\/\/www.bbc.com\/travel)\n- [Earth](https:\/\/www.bbc.com\/future-planet)\n- [Audio](https:\/\/www.bbc.com\/audio)\n- [Video](https:\/\/www.bbc.com\/video)\n- [Live](https:\/\/www.bbc.com\/live)\n- [Weather](https:\/\/www.bbc.com\/weather)\n- [BBC Shop](https:\/\/shop.bbc.com\/)\n- [BritBox](https:\/\/www.britbox.com\/?utm_source=bbc.com&utm_medium=referral&utm_campaign=footer)\n\nBBC in other languages\n\n### The BBC is in multiple languages\n#### Read the BBC In your own language\n[Oduu Afaan Oromootiin](https:\/\/www.bbc.com\/afaanoromoo)\n\n[Amharic ዜና በአማርኛ](https:\/\/www.bbc.com\/amharic)\n\n[Arabic عربي](https:\/\/www.bbc.com\/arabic)\n\n[Azeri AZƏRBAYCAN](https:\/\/www.bbc.com\/azeri)\n\n[Bangla বাংলা](https:\/\/www.bbc.com\/bengali)\n\n[Burmese မြန်မာ](https:\/\/www.bbc.com\/burmese)\n\n[Chinese 中文网](https:\/\/www.bbc.com\/zhongwen\/simp)\n\n[Dari دری](https:\/\/www.bbc.com\/dari)\n\n[French AFRIQUE](https:\/\/www.bbc.com\/afrique)\n\n[Hausa HAUSA](https:\/\/www.bbc.com\/hausa)\n\n[Hindi हिन्दी](https:\/\/www.bbc.com\/hindi)\n\n[Gaelic NAIDHEACHDAN](https:\/\/www.bbc.com\/naidheachdan)\n\n[Gujarati ગુજરાતીમાં સમાચાર](https:\/\/www.bbc.com\/gujarati)\n\n[Igbo AKỤKỌ N’IGBO](https:\/\/www.bbc.com\/igbo)\n\n[Indonesian INDONESIA](https:\/\/www.bbc.com\/indonesia)\n\n[Japanese 日本語](https:\/\/www.bbc.com\/japanese)\n\n[Kinyarwanda GAHUZA](https:\/\/www.bbc.com\/gahuza)\n\n[Kirundi KIRUNDI](https:\/\/www.bbc.com\/gahuza)\n\n[Korean 한국어](https:\/\/www.bbc.com\/korean)\n\n[Kyrgyz Кыргыз](https:\/\/www.bbc.com\/kyrgyz)\n\n[Marathi मराठी](https:\/\/www.bbc.com\/marathi)\n\n[Nepali नेपाली](https:\/\/www.bbc.com\/nepali)\n\n[Noticias para hispanoparlantes](https:\/\/www.bbc.com\/mundo)\n\n[Pashto پښتو](https:\/\/www.bbc.com\/pashto)\n\n[Persian فارسی](https:\/\/www.bbc.com\/persian)\n\n[Pidgin](https:\/\/www.bbc.com\/pidgin)\n\n[Polish PO POLSKU](https:\/\/www.bbc.com\/polska)\n\n[Portuguese BRASIL](https:\/\/www.bbc.com\/portuguese)\n\n[Punjabi ਪੰਜਾਬੀ ਖ਼ਬਰਾਂ](https:\/\/www.bbc.com\/punjabi)\n\n[Russian НА РУССКОМ](https:\/\/www.bbc.com\/russian)\n\n[Serbian NA SRPSKOM](https:\/\/www.bbc.com\/serbian\/lat)\n\n[Sinhala සිංහල](https:\/\/www.bbc.com\/sinhala)\n\n[Somali SOMALI](https:\/\/www.bbc.com\/somali)\n\n[Swahili HABARI KWA KISWAHILI](https:\/\/www.bbc.com\/swahili)\n\n[Tamil தமிழில் செய்திகள்](https:\/\/www.bbc.com\/tamil)\n\n[Telugu తెలుగు వార్తలు](https:\/\/www.bbc.com\/telugu)\n\n[Thai ข่าวภาษาไทย](https:\/\/www.bbc.com\/thai)\n\n[Tigrinya ዜና ብትግርኛ](https:\/\/www.bbc.com\/tigrinya)\n\n[Turkish TÜRKÇE](https:\/\/www.bbc.com\/turkce)\n\n[Ukrainian УКРАЇНСЬКA](https:\/\/www.bbc.com\/ukrainian)\n\n[Urdu اردو](https:\/\/www.bbc.com\/urdu)\n\n[Uzbek O'ZBEK](https:\/\/www.bbc.com\/uzbek)\n\n[Vietnamese TIẾNG VIỆT](https:\/\/www.bbc.com\/vietnamese)\n\n[Welsh NEWYDDION](https:\/\/www.bbc.com\/cymrufyw)\n\n[Yoruba ÌRÒYÌN NÍ YORÙBÁ](https:\/\/www.bbc.com\/yoruba)\n\nFollow BBC on:\n\n- [Terms of Use](https:\/\/www.bbc.com\/pages\/terms-of-use)\n- [Subscription Terms](https:\/\/www.bbc.com\/pages\/subscription-terms)\n- [About the BBC](https:\/\/www.bbc.co.uk\/aboutthebbc)\n- [Privacy Policy](https:\/\/www.bbc.com\/pages\/privacy-policy)\n- [Cookies](https:\/\/www.bbc.com\/usingthebbc\/cookies\/)\n- [Accessibility Help](https:\/\/www.bbc.co.uk\/accessibility\/)\n- [Contact the BBC](https:\/\/www.bbc.co.uk\/contact)\n- [Advertise with us](https:\/\/advertising.bbcstudios.com\/)\n- [Do not share or sell my info](https:\/\/www.bbc.com\/usingthebbc\/cookies\/how-can-i-change-my-bbc-cookie-settings\/)\n- [BBC.com Help & FAQs](https:\/\/help.bbc.com\/hc\/)\n- [Content Index](https:\/\/www.bbc.com\/pages\/content-index)\n- [Set Preferred Source](https:\/\/www.bbc.com\/future\/article\/20260128-how-to-make-google-put-trusted-sources-up-top-when-you-search)\n\nCopyright 2026 BBC. 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[**Read about our approach to external linking.**](https:\/\/www.bbc.co.uk\/editorialguidelines\/guidance\/feeds-and-links)","attrs_readable_markdown":"21 July 2022\n\n![Getty Images Elon Musk at the 2022 Met Gala](https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/111AB\/production\/_125995007_musk_getty.jpg.webp)Getty Images\n\n**Tesla, which made waves last year when it revealed a major investment in Bitcoin, has now sold off most of its holdings of the cryptocurrency.**\n\nThe electric car firm has offloaded 75% of its Bitcoin, which was worth about \\$2bn (£1.7bn) at the end of 2021.\n\nIt is backing away as the value of the cryptocurrency has plunged, falling by more than 50% this year.\n\nTesla said it bought traditional currency with the \\$936m (£782m) from its Bitcoin sales.\n\nTesla boss Elon Musk has been among the most high profile champions of cryptocurrency, with his pronouncements on social media often driving significant trading activity.\n\nTesla's \\$1.5bn investment in Bitcoin, revealed in February 2021, [prompted a surge of demand in the currency.](https:\/\/www.bbc.com\/news\/business-55939972) The price of the notoriously volatile cryptocurrency soared last year to almost \\$70,000 in November before crashing.\n\nOne Bitcoin now trades for less than \\$25,000.\n\n- [Tesla profits soar as customers pay more](https:\/\/www.bbc.co.uk\/news\/business-61170691)\n- [Tesla deliveries at record high despite challenges](https:\/\/www.bbc.co.uk\/news\/business-60978211)\n- [Tesla starts accepting once-joke currency Dogecoin](https:\/\/www.bbc.co.uk\/news\/business-60001144)\n\nTesla last year stopped accepting Bitcoin as payment for its cars, citing concerns about the climate impact of energy-intensive Bitcoin mining.\n\n![2px presentational grey line](https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/1226D\/production\/_105894347_grey_line-nc.png.webp)\n\n![Analysis box by James Clayton, North America technology reporter](https:\/\/ichef.bbci.co.uk\/images\/ic\/1024x1024\/p0hq72jn.png.webp)\n\nAnother Musk promise broken\n\nLast year, Elon Musk took to Twitter to outline Tesla's position on Bitcoin.\n\n\"Tesla will not be selling any Bitcoin\". That sounds pretty emphatic.\n\nYet from the mouth of the world's richest person, statements should be taken with not just a pinch but a shovel of salt.\n\nWe now know that a year after that Tweet, Tesla sold most of its Bitcoin.\n\nYou might be noticing a pattern here?\n\nWhether it's promising driverless tech or buying social media companies, Mr Musk's pronouncements don't always come to pass.\n\nThat doesn't seem to have hurt his business career, up to now.\n\nBut this is another reminder that his words, which can move markets, are not set in stone.\n\nThe move is yet more bad news for Bitcoin and crypto more generally. Musk is an advocate of crypto, and helped hype up currencies like Bitcoin and Dogecoin.\n\nMr Musk said that this wasn't a reflection on Bitcoin, and more about the need for cash.\n\nHowever, he also called crypto a \"side show to the side show\". Not exactly a ringing endorsement.\n\n![2px presentational grey line](https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/1226D\/production\/_105894347_grey_line-nc.png.webp)\n\nTesla shared the sale of the holdings as part of its regular quarterly update. It said Bitcoin was one of the factors that hurt its profitability.\n\nHowever, the company reported higher-than-expected profit for the three months to the end of June as price increases of its best-selling cars helped offset challenges, including lockdowns in China.\n\nIt also promised a \"record-breaking second half\" to the year.\n\nTesla said production at its factory in China rose to a monthly record as Covid-19 restrictions were lifted.\n\nMr Musk also said output increased at the company's newer factories in Germany and the US.\n\nTesla shares have fallen by almost 40% this year.\n\n![2px presentational grey line](https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/1226D\/production\/_105894347_grey_line-nc.png.webp)\n\nYou may also be interested in:\n\nWho is Elon Musk? Meet the meme-loving magnate behind SpaceX and Tesla... published in 2021","meta_canonical":null}

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Meta Title	Elon Musk's Tesla sells most of its Bitcoin holdings
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Boilerpipe Text	21 July 2022 Getty Images Tesla, which made waves last year when it revealed a major investment in Bitcoin, has now sold off most of its holdings of the cryptocurrency. The electric car firm has offloaded 75% of its Bitcoin, which was worth about $2bn (£1.7bn) at the end of 2021. It is backing away as the value of the cryptocurrency has plunged, falling by more than 50% this year. Tesla said it bought traditional currency with the $936m (£782m) from its Bitcoin sales. Tesla boss Elon Musk has been among the most high profile champions of cryptocurrency, with his pronouncements on social media often driving significant trading activity. Tesla's $1.5bn investment in Bitcoin, revealed in February 2021, prompted a surge of demand in the currency. The price of the notoriously volatile cryptocurrency soared last year to almost $70,000 in November before crashing. One Bitcoin now trades for less than $25,000. Tesla profits soar as customers pay more Tesla deliveries at record high despite challenges Tesla starts accepting once-joke currency Dogecoin Tesla last year stopped accepting Bitcoin as payment for its cars, citing concerns about the climate impact of energy-intensive Bitcoin mining. Another Musk promise broken Last year, Elon Musk took to Twitter to outline Tesla's position on Bitcoin. "Tesla will not be selling any Bitcoin". That sounds pretty emphatic. Yet from the mouth of the world's richest person, statements should be taken with not just a pinch but a shovel of salt. We now know that a year after that Tweet, Tesla sold most of its Bitcoin. You might be noticing a pattern here? Whether it's promising driverless tech or buying social media companies, Mr Musk's pronouncements don't always come to pass. That doesn't seem to have hurt his business career, up to now. But this is another reminder that his words, which can move markets, are not set in stone. The move is yet more bad news for Bitcoin and crypto more generally. Musk is an advocate of crypto, and helped hype up currencies like Bitcoin and Dogecoin. Mr Musk said that this wasn't a reflection on Bitcoin, and more about the need for cash. However, he also called crypto a "side show to the side show". Not exactly a ringing endorsement. Tesla shared the sale of the holdings as part of its regular quarterly update. It said Bitcoin was one of the factors that hurt its profitability. However, the company reported higher-than-expected profit for the three months to the end of June as price increases of its best-selling cars helped offset challenges, including lockdowns in China. It also promised a "record-breaking second half" to the year. Tesla said production at its factory in China rose to a monthly record as Covid-19 restrictions were lifted. Mr Musk also said output increased at the company's newer factories in Germany and the US. Tesla shares have fallen by almost 40% this year. You may also be interested in: Who is Elon Musk? Meet the meme-loving magnate behind SpaceX and Tesla... published in 2021
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The electric car firm has offloaded 75% of its Bitcoin, which was worth about \$2bn (£1.7bn) at the end of 2021. It is backing away as the value of the cryptocurrency has plunged, falling by more than 50% this year. Tesla said it bought traditional currency with the \$936m (£782m) from its Bitcoin sales. Tesla boss Elon Musk has been among the most high profile champions of cryptocurrency, with his pronouncements on social media often driving significant trading activity. Tesla's \$1.5bn investment in Bitcoin, revealed in February 2021, [prompted a surge of demand in the currency.](https://www.bbc.com/news/business-55939972) The price of the notoriously volatile cryptocurrency soared last year to almost \$70,000 in November before crashing. One Bitcoin now trades for less than \$25,000. - [Tesla profits soar as customers pay more](https://www.bbc.co.uk/news/business-61170691) - [Tesla deliveries at record high despite challenges](https://www.bbc.co.uk/news/business-60978211) - [Tesla starts accepting once-joke currency Dogecoin](https://www.bbc.co.uk/news/business-60001144) Tesla last year stopped accepting Bitcoin as payment for its cars, citing concerns about the climate impact of energy-intensive Bitcoin mining. [At the time, Mr Musk said on social media](https://twitter.com/elonmusk/status/1392602041025843203?lang=en) that the company would not be selling the Bitcoin it owned. ![2px presentational grey line](https://ichef.bbci.co.uk/news/480/cpsprodpb/1226D/production/_105894347_grey_line-nc.png.webp) ![Analysis box by James Clayton, North America technology reporter](https://ichef.bbci.co.uk/images/ic/1024x1024/p0hq72jn.png.webp) ## Another Musk promise broken Last year, Elon Musk took to Twitter to outline Tesla's position on Bitcoin. "Tesla will not be selling any Bitcoin". That sounds pretty emphatic. Yet from the mouth of the world's richest person, statements should be taken with not just a pinch but a shovel of salt. We now know that a year after that Tweet, Tesla sold most of its Bitcoin. You might be noticing a pattern here? Whether it's promising driverless tech or buying social media companies, Mr Musk's pronouncements don't always come to pass. That doesn't seem to have hurt his business career, up to now. But this is another reminder that his words, which can move markets, are not set in stone. The move is yet more bad news for Bitcoin and crypto more generally. Musk is an advocate of crypto, and helped hype up currencies like Bitcoin and Dogecoin. Mr Musk said that this wasn't a reflection on Bitcoin, and more about the need for cash. However, he also called crypto a "side show to the side show". Not exactly a ringing endorsement. ![2px presentational grey line](https://ichef.bbci.co.uk/news/480/cpsprodpb/1226D/production/_105894347_grey_line-nc.png.webp) Tesla shared the sale of the holdings as part of its regular quarterly update. It said Bitcoin was one of the factors that hurt its profitability. However, the company reported higher-than-expected profit for the three months to the end of June as price increases of its best-selling cars helped offset challenges, including lockdowns in China. It also promised a "record-breaking second half" to the year. Tesla said production at its factory in China rose to a monthly record as Covid-19 restrictions were lifted. Mr Musk also said output increased at the company's newer factories in Germany and the US. He previously called the sites in Berlin and Austin, Texas ["gigantic money furnaces"](https://www.bbc.co.uk/news/business-61905276). Tesla shares have fallen by almost 40% this year. ![2px presentational grey line](https://ichef.bbci.co.uk/news/480/cpsprodpb/1226D/production/_105894347_grey_line-nc.png.webp) ## You may also be interested in: Who is Elon Musk? Meet the meme-loving magnate behind SpaceX and Tesla... published in 2021 [YouTube accused of failing to tackle Musk scams](https://www.bbc.com/news/technology-61749120) [Tesla profits soar as customers pay more](https://www.bbc.com/news/business-61170691) [Tesla deliveries at record high despite challenges](https://www.bbc.com/news/business-60978211) [Tesla starts accepting once-joke currency Dogecoin](https://www.bbc.com/news/business-60001144) [Companies](https://www.bbc.com/news/topics/c0repyjnd84t) [Elon Musk](https://www.bbc.com/news/topics/c302m85q53mt) [Bitcoin](https://www.bbc.com/news/topics/c734j90em14t) [Tesla](https://www.bbc.com/news/topics/c8nq32jwjnmt) * Related [Royal Mail staff say they were told to hide post to look like delivery targets met](https://www.bbc.com/news/articles/cm2knk5d4deo) [HS2 trains could run slower than planned to save money](https://www.bbc.com/news/articles/czex3lj077xo) [Huel bought by Danone in €1bn deal](https://www.bbc.com/news/articles/czre7pl600go) * More from the BBC [3 days ago ![Elon Musk during a media tour of the Tesla Gigafactory ](https://ichef.bbci.co.uk/images/ic/1024x1024/p0hq72jn.png.webp) Elon Musk misled Twitter investors, jury finds A San Francisco jury concludes Musk’s claims in 2022 were damaging to a group of Twitter investors. 3 days ago](https://www.bbc.com/news/articles/c62j3yl842eo) [7 days ago ![Elon Musk on a stage with his hands tented in front of his mouth as he listens to someone next to him.](https://ichef.bbci.co.uk/images/ic/1024x1024/p0hq72jn.png.webp) Teens sue Musk's xAI over Grok's pornographic images of them Musk's AI chatbot has created millions of fake sexualised images, experts say. 7 days ago](https://www.bbc.com/news/articles/cgk2lzmm22eo) [5 Mar 2026 ![Elon Musk, in a dark suit and tie with a crisp white shirt and pursed lips, arrives at federal court on March 4, 2026 in San Francisco, California. ](https://ichef.bbci.co.uk/images/ic/1024x1024/p0hq72jn.png.webp) Musk tells jury 'people read too much' into his posts The billionaire is accused of misleading investors in the run-up to his 2022 Twitter purchase. 5 Mar 2026](https://www.bbc.com/news/articles/c7433dz4ykwo) [19 Feb 2026 ![Servicemen of the 68th Oleksa Dovbush Separate Jaeger Brigade of the Armed Forces of Ukraine set up Starlink satellite internet system, amid Russia's attack on Ukraine, near the frontline town of Pokrovsk in Donetsk region, Ukraine April 10, 2025](https://ichef.bbci.co.uk/images/ic/1024x1024/p0hq72jn.png.webp) Musk cuts Starlink access for Russian forces - giving Ukraine an edge at the front Ukrainian troops say Russian forces are suffering setbacks without access to Elon Musk's system. 19 Feb 2026](https://www.bbc.com/news/articles/c0q3ndj7052o) [14 Feb 2026 ![X logo displayed on a smartphone lying on a laptop keyboard](https://ichef.bbci.co.uk/images/ic/1024x1024/p0hq72jn.png.webp) Why are so many organisations leaving X? Many organisation have recently announced that they will no longer be posting on their X accounts. 14 Feb 2026](https://www.bbc.com/news/articles/cdxz995vd9ko) * - [Home](https://www.bbc.com/) - [News](https://www.bbc.com/news) - [Sport](https://www.bbc.com/sport) - [Business](https://www.bbc.com/business) - [Technology](https://www.bbc.com/technology) - [Health](https://www.bbc.com/health) - [Culture](https://www.bbc.com/culture) - [Arts](https://www.bbc.com/arts) - [Travel](https://www.bbc.com/travel) - [Earth](https://www.bbc.com/future-planet) - [Audio](https://www.bbc.com/audio) - [Video](https://www.bbc.com/video) - [Live](https://www.bbc.com/live) - [Weather](https://www.bbc.com/weather) - [BBC Shop](https://shop.bbc.com/) - [BritBox](https://www.britbox.com/?utm_source=bbc.com&utm_medium=referral&utm_campaign=footer) BBC in other languages ### The BBC is in multiple languages #### Read the BBC In your own language [Oduu Afaan Oromootiin](https://www.bbc.com/afaanoromoo) [Amharic ዜና በአማርኛ](https://www.bbc.com/amharic) [Arabic عربي](https://www.bbc.com/arabic) [Azeri AZƏRBAYCAN](https://www.bbc.com/azeri) [Bangla বাংলা](https://www.bbc.com/bengali) [Burmese မြန်မာ](https://www.bbc.com/burmese) [Chinese 中文网](https://www.bbc.com/zhongwen/simp) [Dari دری](https://www.bbc.com/dari) [French AFRIQUE](https://www.bbc.com/afrique) [Hausa HAUSA](https://www.bbc.com/hausa) [Hindi हिन्दी](https://www.bbc.com/hindi) [Gaelic NAIDHEACHDAN](https://www.bbc.com/naidheachdan) [Gujarati ગુજરાતીમાં સમાચાર](https://www.bbc.com/gujarati) [Igbo AKỤKỌ N’IGBO](https://www.bbc.com/igbo) [Indonesian INDONESIA](https://www.bbc.com/indonesia) [Japanese 日本語](https://www.bbc.com/japanese) [Kinyarwanda GAHUZA](https://www.bbc.com/gahuza) [Kirundi KIRUNDI](https://www.bbc.com/gahuza) [Korean 한국어](https://www.bbc.com/korean) [Kyrgyz Кыргыз](https://www.bbc.com/kyrgyz) [Marathi मराठी](https://www.bbc.com/marathi) [Nepali नेपाली](https://www.bbc.com/nepali) [Noticias para hispanoparlantes](https://www.bbc.com/mundo) [Pashto پښتو](https://www.bbc.com/pashto) [Persian فارسی](https://www.bbc.com/persian) [Pidgin](https://www.bbc.com/pidgin) [Polish PO POLSKU](https://www.bbc.com/polska) [Portuguese BRASIL](https://www.bbc.com/portuguese) [Punjabi ਪੰਜਾਬੀ ਖ਼ਬਰਾਂ](https://www.bbc.com/punjabi) [Russian НА РУССКОМ](https://www.bbc.com/russian) [Serbian NA SRPSKOM](https://www.bbc.com/serbian/lat) [Sinhala සිංහල](https://www.bbc.com/sinhala) [Somali SOMALI](https://www.bbc.com/somali) [Swahili HABARI KWA KISWAHILI](https://www.bbc.com/swahili) [Tamil தமிழில் செய்திகள்](https://www.bbc.com/tamil) [Telugu తెలుగు వార్తలు](https://www.bbc.com/telugu) [Thai ข่าวภาษาไทย](https://www.bbc.com/thai) [Tigrinya ዜና ብትግርኛ](https://www.bbc.com/tigrinya) [Turkish TÜRKÇE](https://www.bbc.com/turkce) [Ukrainian УКРАЇНСЬКA](https://www.bbc.com/ukrainian) [Urdu اردو](https://www.bbc.com/urdu) [Uzbek O'ZBEK](https://www.bbc.com/uzbek) [Vietnamese TIẾNG VIỆT](https://www.bbc.com/vietnamese) [Welsh NEWYDDION](https://www.bbc.com/cymrufyw) [Yoruba ÌRÒYÌN NÍ YORÙBÁ](https://www.bbc.com/yoruba) Follow BBC on: - [Terms of Use](https://www.bbc.com/pages/terms-of-use) - [Subscription Terms](https://www.bbc.com/pages/subscription-terms) - [About the BBC](https://www.bbc.co.uk/aboutthebbc) - [Privacy Policy](https://www.bbc.com/pages/privacy-policy) - [Cookies](https://www.bbc.com/usingthebbc/cookies/) - [Accessibility Help](https://www.bbc.co.uk/accessibility/) - [Contact the BBC](https://www.bbc.co.uk/contact) - [Advertise with us](https://advertising.bbcstudios.com/) - [Do not share or sell my info](https://www.bbc.com/usingthebbc/cookies/how-can-i-change-my-bbc-cookie-settings/) - [BBC.com Help & FAQs](https://help.bbc.com/hc/) - [Content Index](https://www.bbc.com/pages/content-index) - [Set Preferred Source](https://www.bbc.com/future/article/20260128-how-to-make-google-put-trusted-sources-up-top-when-you-search) Copyright 2026 BBC. 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Readable Markdown	21 July 2022 ![Getty Images Elon Musk at the 2022 Met Gala](https://ichef.bbci.co.uk/news/480/cpsprodpb/111AB/production/_125995007_musk_getty.jpg.webp)Getty Images Tesla, which made waves last year when it revealed a major investment in Bitcoin, has now sold off most of its holdings of the cryptocurrency. The electric car firm has offloaded 75% of its Bitcoin, which was worth about \$2bn (£1.7bn) at the end of 2021. It is backing away as the value of the cryptocurrency has plunged, falling by more than 50% this year. Tesla said it bought traditional currency with the \$936m (£782m) from its Bitcoin sales. Tesla boss Elon Musk has been among the most high profile champions of cryptocurrency, with his pronouncements on social media often driving significant trading activity. Tesla's \$1.5bn investment in Bitcoin, revealed in February 2021, [prompted a surge of demand in the currency.](https://www.bbc.com/news/business-55939972) The price of the notoriously volatile cryptocurrency soared last year to almost \$70,000 in November before crashing. One Bitcoin now trades for less than \$25,000. - [Tesla profits soar as customers pay more](https://www.bbc.co.uk/news/business-61170691) - [Tesla deliveries at record high despite challenges](https://www.bbc.co.uk/news/business-60978211) - [Tesla starts accepting once-joke currency Dogecoin](https://www.bbc.co.uk/news/business-60001144) Tesla last year stopped accepting Bitcoin as payment for its cars, citing concerns about the climate impact of energy-intensive Bitcoin mining. ![2px presentational grey line](https://ichef.bbci.co.uk/news/480/cpsprodpb/1226D/production/_105894347_grey_line-nc.png.webp) ![Analysis box by James Clayton, North America technology reporter](https://ichef.bbci.co.uk/images/ic/1024x1024/p0hq72jn.png.webp) Another Musk promise broken Last year, Elon Musk took to Twitter to outline Tesla's position on Bitcoin. "Tesla will not be selling any Bitcoin". That sounds pretty emphatic. Yet from the mouth of the world's richest person, statements should be taken with not just a pinch but a shovel of salt. We now know that a year after that Tweet, Tesla sold most of its Bitcoin. You might be noticing a pattern here? Whether it's promising driverless tech or buying social media companies, Mr Musk's pronouncements don't always come to pass. That doesn't seem to have hurt his business career, up to now. But this is another reminder that his words, which can move markets, are not set in stone. The move is yet more bad news for Bitcoin and crypto more generally. Musk is an advocate of crypto, and helped hype up currencies like Bitcoin and Dogecoin. Mr Musk said that this wasn't a reflection on Bitcoin, and more about the need for cash. However, he also called crypto a "side show to the side show". Not exactly a ringing endorsement. ![2px presentational grey line](https://ichef.bbci.co.uk/news/480/cpsprodpb/1226D/production/_105894347_grey_line-nc.png.webp) Tesla shared the sale of the holdings as part of its regular quarterly update. It said Bitcoin was one of the factors that hurt its profitability. However, the company reported higher-than-expected profit for the three months to the end of June as price increases of its best-selling cars helped offset challenges, including lockdowns in China. It also promised a "record-breaking second half" to the year. Tesla said production at its factory in China rose to a monthly record as Covid-19 restrictions were lifted. Mr Musk also said output increased at the company's newer factories in Germany and the US. Tesla shares have fallen by almost 40% this year. ![2px presentational grey line](https://ichef.bbci.co.uk/news/480/cpsprodpb/1226D/production/_105894347_grey_line-nc.png.webp) You may also be interested in: Who is Elon Musk? Meet the meme-loving magnate behind SpaceX and Tesla... published in 2021
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