ℹ️ Skipped - page is already crawled
| Filter | Status | Condition | Details |
|---|---|---|---|
| HTTP status | PASS | download_http_code = 200 | HTTP 200 |
| Age cutoff | PASS | download_stamp > now() - 6 MONTH | 1 months ago |
| History drop | PASS | isNull(history_drop_reason) | No drop reason |
| Spam/ban | PASS | fh_dont_index != 1 AND ml_spam_score = 0 | ml_spam_score=0 |
| Canonical | PASS | meta_canonical IS NULL OR = '' OR = src_unparsed | Not set |
| Property | Value |
|---|---|
| URL | https://www.foxbusiness.com/markets/tesla-walks-bitcoin-tightrope |
| Last Crawled | 2026-03-15 16:05:23 (29 days ago) |
| First Indexed | 2021-02-09 16:38:09 (5 years ago) |
| HTTP Status Code | 200 |
| Meta Title | Tesla walks tightrope with bitcoin investment | Fox Business |
| Meta Description | Tesla Inc.’s foray into bitcoin was an “unusual” way to spend its cash, according to some Wall Street investors. |
| Meta Canonical | null |
| Boilerpipe Text | Tesla
Inc.’s foray into
bitcoin
was an “unusual” way to spend its cash, according to some Wall Street investors.
Companies typically hold their corporate cash in safer assets, including short-term fixed income and other Treasury securities in order to ensure liquidity and to limit volatility.
Ticker
Security
Last
Change
Change %
TSLA
TESLA INC.
391.20
-3.81
-0.96%
Powered By
“Most shareholders own Tesla because they expect them to make money selling cars, not by trading cryptocurrencies with shareholder capital,” said Jerry Klein, managing director and partner at New York-based Treasury Partners, an advisory with $8 billion in assets. “Companies rely on this cash for many uses including research and development, acquisitions and share buybacks.”
A filing released Monday by Tesla said the Palo Alto-based electric-car maker has amassed a
$1.5 billion position in bitcoin
, worth about 7.8% of its total cash.
TESLA BUYS $1.5B IN BITCOIN, WILL START ACCEPTING FOR CARS
The company said it might make investments in other alternative reserve assets including digital assets, gold bullion, gold exchange-traded funds or elsewhere.
Tesla’s bitcoin holdings are a “relatively small percentage” of its overall cash said Garrett Nelson, an analyst at CFRA Research, noting that companies often make investments in non-core assets.
He said that while bitcoin’s volatility is “definitely a concern” as the company is currently in “hyper growth mode” which will require a lot of capital.
ELON MUSK BACKS BITCOIN, TALKS FUTURE OF CRYPTO CURRENCY
Bitcoin’s price has been known to swing 20% in a single day. That type of volatility will make some investors uneasy, especially at a time when the company will need capital to meet its ambitious growth plans.
Tesla is currently building factories in Austin, Texas and Germany and recent reports suggest there are plans for a plant in India.
The company aims to grow its annual auto volume by a factor of 40 over the next decade – from about 500,000 vehicles last year to 20 million by 2030. As Tesla’s sales increase so too will operating cash flow, which will help fund the company’s factories.
CLICK HERE TO READ MORE STORIES ON FOX
BUSINESS
Tesla being an $800 billion company gives it a “cost of capital advantage” that will help drive its growth, making its investment in bitcoin less of an issue, Nelson said. The company has seen its stock price increase following all
three equity offerings
last year.
Tesla shares were up 22% this year through Monday compared with the S&P 500’s 4.25% gain. |
| Markdown | [Fox Business](https://www.foxbusiness.com/)
- [Personal Finance](https://www.foxbusiness.com/personal-finance)
- [Mortgages](https://www.foxbusiness.com/category/mortgage)
- [Student Loans](https://www.foxbusiness.com/category/student-loans)
- [Credit Cards](https://www.foxbusiness.com/category/credit-cards)
- [Personal Loans](https://www.foxbusiness.com/category/personal-loans)
- [Savings](https://www.foxbusiness.com/category/savings)
- [Insurance](https://www.foxbusiness.com/category/insurance)
- [401k](https://www.foxbusiness.com/category/401k)
- [Retirement](https://www.foxbusiness.com/category/modern-retirement)
- [Tax Planning](https://www.foxbusiness.com/category/tax-planning)
- [Economy](https://www.foxbusiness.com/economy)
- [Government Spending](https://www.foxbusiness.com/category/government-spending)
- [Money & Policy](https://www.foxbusiness.com/category/money-and-policy)
- [Small Business](https://www.foxbusiness.com/category/small-business)
- [Markets](https://www.foxbusiness.com/markets)
- [Stocks](https://www.foxbusiness.com/category/stocks)
- [US Markets](https://www.foxbusiness.com/category/us-markets)
- [Cryptocurrency](https://www.foxbusiness.com/category/cryptocurrency)
- [Futures & Commodities](https://www.foxbusiness.com/category/futures-commodities)
- [Bonds](https://www.foxbusiness.com/category/bonds)
- [ETFs](https://www.foxbusiness.com/category/etfs)
- [Business Leaders](https://www.foxbusiness.com/category/business-leaders)
- [Industries](https://www.foxbusiness.com/category/industries)
- [Retail](https://www.foxbusiness.com/category/retail)
- [Pre-Markets](https://www.foxbusiness.com/category/pre-markets)
- [Mutual Funds](https://www.foxbusiness.com/category/mutual-funds)
- [Watchlist](https://www.foxbusiness.com/watchlist)
- [Lifestyle](https://www.foxbusiness.com/lifestyle)
- [Entertainment](https://www.foxbusiness.com/category/entertainment)
- [Rich & Famous](https://www.foxbusiness.com/category/rich-famous)
- [Travel](https://www.foxbusiness.com/category/travel)
- [Cars](https://www.foxbusiness.com/category/cars)
- [Airplanes](https://www.foxbusiness.com/category/airplanes)
- [Food & Drinks](https://www.foxbusiness.com/category/food-drinks)
- [Arts](https://www.foxbusiness.com/category/arts)
- [Real Estate](https://www.foxbusiness.com/real-estate)
- [Personal Real Estate](https://www.foxbusiness.com/category/personal-real-estate)
- [Commercial Real Estate](https://www.foxbusiness.com/category/commercial-real-estate)
- [Luxury Properties](https://www.foxbusiness.com/category/luxury-properties)
- [Tech](https://www.foxbusiness.com/technology)
- [Digital](https://www.foxbusiness.com/category/digital)
- [Social Media](https://www.foxbusiness.com/category/social-media)
- [Gadgets](https://www.foxbusiness.com/category/gadgets)
- [Business Tech](https://www.foxbusiness.com/category/business-tech)
- [Healthcare Tech](https://www.foxbusiness.com/category/health-care-tech)
- [Future Tech](https://www.foxbusiness.com/category/future-tech)
- [AI](https://www.foxbusiness.com/category/artificial-intelligence)
- [Space](https://www.foxbusiness.com/category/space-business)
- [Video](https://www.foxbusiness.com/video)
- [Podcasts](https://radio.foxnews.com/podcast)
- [More](https://www.foxbusiness.com/markets/tesla-walks-bitcoin-tightrope)
[Expand / Collapse search]()
[Login]()
[Watch TV](https://www.foxbusiness.com/video/5640669329001)
[☰](https://www.foxbusiness.com/markets/tesla-walks-bitcoin-tightrope)
[Sports](https://www.foxbusiness.com/sports)
- [NFL](https://www.foxbusiness.com/category/nfl)
- [NBA](https://www.foxbusiness.com/category/nba)
- [MLB](https://www.foxbusiness.com/category/mlb)
- [NASCAR](https://www.foxbusiness.com/category/nascar)
- [Boxing](https://www.foxbusiness.com/category/boxing)
- [Soccer](https://www.foxbusiness.com/category/soccer)
- [Golf](https://www.foxbusiness.com/category/golf)
- [Tennis](https://www.foxbusiness.com/category/tennis)
[Opinion](https://www.foxbusiness.com/opinion)
[Watch Live](https://www.foxbusiness.com/video/5640669329001)
- [Fox Business Shows](https://www.foxbusiness.com/shows)
- [Programming Schedule](https://www.foxbusiness.com/fbntv/schedule)
- [On Air Personalities](https://www.foxbusiness.com/personalities)
- [Full Episodes](https://www.foxbusiness.com/video/shows)
- [Show Clips](https://www.foxbusiness.com/video/topics/shows)
- [News Clips](https://www.foxbusiness.com/video/topics/news)
[About](https://www.foxbusiness.com/about-us)
- [Channel Finder](https://www.foxbusiness.com/channel-finder)
- [Jobs](https://www.foxcareers.com/)
- [Terms of Use](https://www.foxbusiness.com/terms-of-use)
- [Privacy Policy](https://www.foxbusiness.com/privacy-policy)
- [FAQ](https://help.foxbusiness.com/hc/en-us/sections/4405278462107-FAQ)
- [Media Relations](https://press.foxbusiness.com/media-contacts/)
- [Corporate Information](https://press.foxbusiness.com/)
- [Closed Captioning Policy](https://www.foxbusiness.com/closed-captioning)
- [Accessibility Statement](https://www.foxbusiness.com/accessibility-statement)
- [Fox News](https://www.foxnews.com/)
- [Fox Nation](https://nation.foxnews.com/)
- [Fox Business Go](https://www.foxbusiness.com/video/5640669329001)
- [Apps & Products](https://www.foxbusiness.com/apps-products)
- [Facebook](https://www.facebook.com/FoxBusiness)
- [Twitter](https://twitter.com/foxbusiness)
- [Instagram](https://www.instagram.com/foxbusiness)
- [YouTube](https://youtube.com/FoxBusiness)
- [Flipboard](https://flipboard.com/@FoxBusiness)
- [LinkedIn](https://www.linkedin.com/company/fox-business-network)
- [RSS](https://www.foxbusiness.com/fox-business-rss-feed)
- [Newsletter](https://www.foxnews.com/newsletters)
- [Spotify](https://open.spotify.com/show/44oRTc7X5qXIqtTax9GZbS)
- [iHeartRadio](https://www.iheart.com/podcast/1293-fox-business-hourly-repor-63887868/)
[Fox Business](https://www.foxbusiness.com/)
- [Terms of Use](https://www.foxbusiness.com/terms-of-use)
- [New Privacy Policy](https://www.foxbusiness.com/privacy-policy)
- [Your Privacy Choices](https://privacy.foxbusiness.com/main/web/main)
- [Help](https://help.foxbusiness.com/hc/en-us)
- [Closed Captioning Policy](https://www.foxbusiness.com/closed-captioning/)
Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by [Factset](https://www.factset.com/). Powered and implemented by [FactSet Digital Solutions](https://www.factset.com/solutions/business-needs/digital-solutions). [Legal Statement](https://www.factset.com/privacy).
This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. [FAQ](https://help.foxbusiness.com/hc/en-us/sections/4405278462107-FAQ) - [New Privacy Policy](https://www.foxbusiness.com/privacy-policy)
### Recommended Videos
Left Arrow
- [](https://www.foxbusiness.com/video/6390895617112)
['Barron's: Roundtable' Microsoft primed for AI battle, risks and valuation outlook](https://www.foxbusiness.com/video/6390895617112)
- [](https://www.foxbusiness.com/video/6390894253112)
[The movement in the stock market is oil up, stocks down: Josh Schafer](https://www.foxbusiness.com/video/6390894253112)
- [](https://www.foxbusiness.com/video/6390885093112)
[Dems need to 'get out of the way' over DHS funding, GOP rep says](https://www.foxbusiness.com/video/6390885093112)
- [](https://www.foxbusiness.com/video/6390886259112)
[Geopolitics has to be part of investor market analysis, CIO says](https://www.foxbusiness.com/video/6390886259112)
- [](https://www.foxbusiness.com/video/6390876704112)
[Trump admin weighs options to lower oil prices amid Iran conflict](https://www.foxbusiness.com/video/6390876704112)
- [](https://www.foxbusiness.com/video/6390876872112)
[Chevron has a great dividend, makes money at \$30-\$100: Keith Fitz-Gerald](https://www.foxbusiness.com/video/6390876872112)
- [](https://www.foxbusiness.com/video/6390868990112)
[Putin, China watching closely as US moves to break Iran’s military power](https://www.foxbusiness.com/video/6390868990112)
- [](https://www.foxbusiness.com/video/6390860781112)
[Netflix is a 'pretty savvy buyer': Mark Mahaney](https://www.foxbusiness.com/video/6390860781112)
- [](https://www.foxbusiness.com/video/6390817529112)
[Trump's tariff replacement plan, Section 301 trade investigations](https://www.foxbusiness.com/video/6390817529112)
- [](https://www.foxbusiness.com/video/6390816013112)
[Tech is still the most volatile sector, BNY’s Alicia Levine says](https://www.foxbusiness.com/video/6390816013112)
- [](https://www.foxbusiness.com/video/6390810308112)
[GOP lawmaker on private credit concerns: 'We're monitoring it'](https://www.foxbusiness.com/video/6390810308112)
- [](https://www.foxbusiness.com/video/6390808176112)
[Charles Payne: Market is strong when it's down, but it could be down a 'whole lot more'](https://www.foxbusiness.com/video/6390808176112)
- [](https://www.foxbusiness.com/video/6390808067112)
[Larry Kudlow: Presidential 'wannabes' are surfacing plans to end most income taxes for middle-class Americans](https://www.foxbusiness.com/video/6390808067112)
- [](https://www.foxbusiness.com/video/6390807038112)
[Markets ‘conditioned’ to short-term geopolitical risks that prove ‘short-lived’: Ayako Yoshioka](https://www.foxbusiness.com/video/6390807038112)
- [](https://www.foxbusiness.com/video/6390805928112)
[Trump does things no other president would dare to do, Charles Payne says](https://www.foxbusiness.com/video/6390805928112)
- [](https://www.foxbusiness.com/video/6390793468112)
[Century Aluminum CEO on impact of Trump tariffs: They 'are working'](https://www.foxbusiness.com/video/6390793468112)
- [](https://www.foxbusiness.com/video/6390791724112)
[Scott Colangelo gives bullish market outlook for next decade: 'Fantastic'](https://www.foxbusiness.com/video/6390791724112)
- [](https://www.foxbusiness.com/video/6390792684112)
[Kenny Polcari on Iran conflict impact: 'I do not think this is going to stretch on that long'](https://www.foxbusiness.com/video/6390792684112)
- [](https://www.foxbusiness.com/video/6390789017112)
[Stuart Varney: We should be worried about what is not going through the Strait of Hormuz](https://www.foxbusiness.com/video/6390789017112)
- [](https://www.foxbusiness.com/video/6390782026112)
[Trump signals dominance over Iran as Tehran’s military systems collapse](https://www.foxbusiness.com/video/6390782026112)
Right Arrow
[Tesla](https://www.foxbusiness.com/category/tesla)
**Published**
February 9, 2021 11:36am EST
# Tesla walks tightrope with bitcoin investment
## 'Most shareholders own Tesla because they expect them to make money selling cars, not by trading cryptocurrencies'
- [Facebook](https://www.foxbusiness.com/markets/tesla-walks-bitcoin-tightrope)
- [Twitter](https://www.foxbusiness.com/markets/tesla-walks-bitcoin-tightrope)
- [Threads](https://www.foxbusiness.com/markets/tesla-walks-bitcoin-tightrope)
- [Print](https://www.foxbusiness.com/markets/tesla-walks-bitcoin-tightrope)
- [Email](https://www.foxbusiness.com/markets/tesla-walks-bitcoin-tightrope)
- [Add Fox Business on Google](https://www.foxbusiness.com/markets/tesla-walks-bitcoin-tightrope)
By Jonathan Garber [FOXBusiness](https://www.foxbusiness.com/)
[ Video](http://video.foxbusiness.com/v/6230217727001)
[Tesla](http://foxbusiness.com/category/tesla) Inc.’s foray into [bitcoin](http://foxbusiness.com/category/bitcoin) was an “unusual” way to spend its cash, according to some Wall Street investors.
Companies typically hold their corporate cash in safer assets, including short-term fixed income and other Treasury securities in order to ensure liquidity and to limit volatility.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| [TSLA](https://www.foxbusiness.com/quote?stockTicker=TSLA) | TESLA INC. | 391\.20 | \-3.81 | \-0.96% |
| Powered By | | | | |
“Most shareholders own Tesla because they expect them to make money selling cars, not by trading cryptocurrencies with shareholder capital,” said Jerry Klein, managing director and partner at New York-based Treasury Partners, an advisory with \$8 billion in assets. “Companies rely on this cash for many uses including research and development, acquisitions and share buybacks.”
A filing released Monday by Tesla said the Palo Alto-based electric-car maker has amassed a [\$1.5 billion position in bitcoin](https://www.foxbusiness.com/markets/tesla-buys-1-5b-in-bitcoin-will-start-accepting-for-cars), worth about 7.8% of its total cash.
[**TESLA BUYS \$1.5B IN BITCOIN, WILL START ACCEPTING FOR CARS**](https://www.foxbusiness.com/markets/tesla-stock-5b-offering)
The company said it might make investments in other alternative reserve assets including digital assets, gold bullion, gold exchange-traded funds or elsewhere.
Tesla’s bitcoin holdings are a “relatively small percentage” of its overall cash said Garrett Nelson, an analyst at CFRA Research, noting that companies often make investments in non-core assets.
He said that while bitcoin’s volatility is “definitely a concern” as the company is currently in “hyper growth mode” which will require a lot of capital.
**[ELON MUSK BACKS BITCOIN, TALKS FUTURE OF CRYPTO CURRENCY](https://www.foxbusiness.com/markets/elon-musk-backs-bitcoin-talks-future)**
Bitcoin’s price has been known to swing 20% in a single day. That type of volatility will make some investors uneasy, especially at a time when the company will need capital to meet its ambitious growth plans.
Tesla is currently building factories in Austin, Texas and Germany and recent reports suggest there are plans for a plant in India.
The company aims to grow its annual auto volume by a factor of 40 over the next decade – from about 500,000 vehicles last year to 20 million by 2030. As Tesla’s sales increase so too will operating cash flow, which will help fund the company’s factories.
**[CLICK HERE TO READ MORE STORIES ON FOX](http://www.foxbusiness.com/)** [**BUSINESS**](http://www.foxbusiness.com/)
Tesla being an \$800 billion company gives it a “cost of capital advantage” that will help drive its growth, making its investment in bitcoin less of an issue, Nelson said. The company has seen its stock price increase following all [three equity offerings](https://www.foxbusiness.com/markets/tesla-stock-5b-offering) last year.
Tesla shares were up 22% this year through Monday compared with the S\&P 500’s 4.25% gain.
## U.S. Stock Market Quotes
Quotes displayed in real-time
Market Update sponsored by
Advertisement
Advertisement
Advertisement

Arrives Weekly
Get Our Newsletter
Get a brief on the top business stories of the week, plus CEO interviews, market updates, tech and money news that matters to you.
We've added you to our mailing list.
[Subscribe](https://www.foxbusiness.com/markets/tesla-walks-bitcoin-tightrope)
By clicking subscribe, you agree to the Fox News [Privacy Policy](https://www.foxnews.com/privacy-policy) and [Terms of Use](https://www.foxnews.com/terms-of-use), and agree to receive content and promotional communications from Fox News. You understand that you can opt-out at any time.
[Personal Finance](https://www.foxbusiness.com/personal-finance)
- [Mortgages](https://www.foxbusiness.com/category/mortgage)
- [Student Loans](https://www.foxbusiness.com/category/student-loans)
- [Credit Cards](https://www.foxbusiness.com/category/credit-cards)
- [Personal Loans](https://www.foxbusiness.com/category/personal-loans)
- [Savings](https://www.foxbusiness.com/category/savings)
- [Insurance](https://www.foxbusiness.com/category/insurance)
- [401k](https://www.foxbusiness.com/category/401k)
- [Retirement](https://www.foxbusiness.com/category/modern-retirement)
- [Tax Planning](https://www.foxbusiness.com/category/tax-planning)
[Economy](https://www.foxbusiness.com/economy)
- [Government Spending](https://www.foxbusiness.com/category/government-spending)
- [Money & Policy](https://www.foxbusiness.com/category/money-and-policy)
- [Small Business](https://www.foxbusiness.com/category/small-business)
[Markets](https://www.foxbusiness.com/markets)
- [Stocks](https://www.foxbusiness.com/stocks)
- [US Markets](https://www.foxbusiness.com/category/us-markets)
- [Cryptocurrency](https://www.foxbusiness.com/category/cryptocurrency)
- [Futures & Commodities](https://www.foxbusiness.com/category/futures-commodities)
- [Bonds](https://www.foxbusiness.com/category/bonds)
- [ETFs](https://www.foxbusiness.com/category/etfs)
- [Business Leaders](https://www.foxbusiness.com/category/business-leaders)
- [Industries](https://www.foxbusiness.com/category/industries)
- [Retail](https://www.foxbusiness.com/category/retail)
- [Pre-Markets](https://www.foxbusiness.com/category/pre-markets)
- [Mutual Funds](https://www.foxbusiness.com/category/mutual-funds)
[Watchlist](https://www.foxbusiness.com/watchlist)
[Lifestyle](https://www.foxbusiness.com/lifestyle)
- [Entertainment](https://www.foxbusiness.com/category/entertainment)
- [Rich & Famous](https://www.foxbusiness.com/category/rich-famous)
- [Travel](https://www.foxbusiness.com/category/travel)
- [Cars](https://www.foxbusiness.com/category/cars)
- [Airplanes](https://www.foxbusiness.com/category/airplanes)
- [Food & Drinks](https://www.foxbusiness.com/category/food-drinks)
- [Arts](https://www.foxbusiness.com/category/arts)
[Real Estate](https://www.foxbusiness.com/real-estate)
- [Personal](https://www.foxbusiness.com/category/personal-real-estate)
- [Commercial](https://www.foxbusiness.com/category/commercial-real-estate)
- [Luxury Properties](https://www.foxbusiness.com/category/luxury-properties)
[Tech](https://www.foxbusiness.com/technology)
- [Digital](https://www.foxbusiness.com/category/digital)
- [Social Media](https://www.foxbusiness.com/category/social-media)
- [Gadgets](https://www.foxbusiness.com/category/gadgets)
- [Business Tech](https://www.foxbusiness.com/category/business-tech)
- [Healthcare Tech](https://www.foxbusiness.com/category/health-care-tech)
- [Future Tech](https://www.foxbusiness.com/category/future-tech)
- [AI](https://www.foxbusiness.com/category/artificial-intelligence)
- [Space](https://www.foxbusiness.com/category/space-business)
[Sports](https://www.foxbusiness.com/sports)
- [NFL](https://www.foxbusiness.com/category/nfl)
- [NBA](https://www.foxbusiness.com/category/nba)
- [MLB](https://www.foxbusiness.com/category/mlb)
- [NASCAR](https://www.foxbusiness.com/category/nascar)
- [Boxing](https://www.foxbusiness.com/category/boxing)
- [Soccer](https://www.foxbusiness.com/category/soccer)
- [Golf](https://www.foxbusiness.com/category/golf)
- [Tennis](https://www.foxbusiness.com/category/tennis)
[Opinion](https://www.foxbusiness.com/opinion)
[Video](https://www.foxbusiness.com/video)
[About](https://www.foxbusiness.com/about-us)
- [Channel Finder](https://www.foxbusiness.com/channel-finder)
- [Jobs](https://www.foxcareers.com/)
- [Terms of Use](https://www.foxbusiness.com/terms-of-use)
- [Privacy Policy](https://www.foxbusiness.com/privacy-policy)
- [FAQ](https://help.foxbusiness.com/hc/en-us/sections/4405278462107-FAQ)
- [Media Relations](https://press.foxbusiness.com/media-contacts/)
- [Corporate Information](https://press.foxbusiness.com/)
- [Closed Captioning Policy](https://www.foxbusiness.com/closed-captioning)
- [Accessibility Statement](https://www.foxbusiness.com/accessibility-statement)
- [Fox News](https://www.foxnews.com/)
- [Fox Nation](https://nation.foxnews.com/)
- [Fox Business Go](https://www.foxbusiness.com/video/5640669329001)
- [Apps & Products](https://www.foxbusiness.com/apps-products)
- [Facebook](https://www.facebook.com/FoxBusiness)
- [Twitter](https://twitter.com/foxbusiness)
- [Instagram](https://www.instagram.com/foxbusiness)
- [YouTube](https://youtube.com/FoxBusiness)
- [Flipboard](https://flipboard.com/@FoxBusiness)
- [LinkedIn](https://www.linkedin.com/company/fox-business-network)
- [RSS](https://www.foxbusiness.com/fox-business-rss-feed)
- [Newsletter](https://www.foxnews.com/newsletters)
- [Spotify](https://open.spotify.com/show/44oRTc7X5qXIqtTax9GZbS)
- [iHeartRadio](https://www.iheart.com/podcast/1293-fox-business-hourly-repor-63887868/)
[Fox Business](https://www.foxbusiness.com/)
- [Terms of Use](https://www.foxbusiness.com/terms-of-use)
- [New Privacy Policy](https://www.foxbusiness.com/privacy-policy)
- [Your Privacy Choices](https://privacy.foxbusiness.com/main/web/main)
- [Help](https://help.foxbusiness.com/hc/en-us)
- [Closed Captioning Policy](https://www.foxbusiness.com/closed-captioning/)
Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by [Factset](https://www.factset.com/). Powered and implemented by [FactSet Digital Solutions](https://www.factset.com/solutions/business-needs/digital-solutions). [Legal Statement](https://www.factset.com/privacy).
This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. [FAQ](https://help.foxbusiness.com/hc/en-us/sections/4405278462107-FAQ) - [New Privacy Policy](https://www.foxbusiness.com/privacy-policy)
  
 |
| Readable Markdown | [Tesla](http://foxbusiness.com/category/tesla) Inc.’s foray into [bitcoin](http://foxbusiness.com/category/bitcoin) was an “unusual” way to spend its cash, according to some Wall Street investors.
Companies typically hold their corporate cash in safer assets, including short-term fixed income and other Treasury securities in order to ensure liquidity and to limit volatility.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| [TSLA](https://www.foxbusiness.com/quote?stockTicker=TSLA) | TESLA INC. | 391\.20 | \-3.81 | \-0.96% |
| Powered By | | | | |
“Most shareholders own Tesla because they expect them to make money selling cars, not by trading cryptocurrencies with shareholder capital,” said Jerry Klein, managing director and partner at New York-based Treasury Partners, an advisory with \$8 billion in assets. “Companies rely on this cash for many uses including research and development, acquisitions and share buybacks.”
A filing released Monday by Tesla said the Palo Alto-based electric-car maker has amassed a [\$1.5 billion position in bitcoin](https://www.foxbusiness.com/markets/tesla-buys-1-5b-in-bitcoin-will-start-accepting-for-cars), worth about 7.8% of its total cash.
[**TESLA BUYS \$1.5B IN BITCOIN, WILL START ACCEPTING FOR CARS**](https://www.foxbusiness.com/markets/tesla-stock-5b-offering)
The company said it might make investments in other alternative reserve assets including digital assets, gold bullion, gold exchange-traded funds or elsewhere.
Tesla’s bitcoin holdings are a “relatively small percentage” of its overall cash said Garrett Nelson, an analyst at CFRA Research, noting that companies often make investments in non-core assets.
He said that while bitcoin’s volatility is “definitely a concern” as the company is currently in “hyper growth mode” which will require a lot of capital.
**[ELON MUSK BACKS BITCOIN, TALKS FUTURE OF CRYPTO CURRENCY](https://www.foxbusiness.com/markets/elon-musk-backs-bitcoin-talks-future)**
Bitcoin’s price has been known to swing 20% in a single day. That type of volatility will make some investors uneasy, especially at a time when the company will need capital to meet its ambitious growth plans.
Tesla is currently building factories in Austin, Texas and Germany and recent reports suggest there are plans for a plant in India.
The company aims to grow its annual auto volume by a factor of 40 over the next decade – from about 500,000 vehicles last year to 20 million by 2030. As Tesla’s sales increase so too will operating cash flow, which will help fund the company’s factories.
**[CLICK HERE TO READ MORE STORIES ON FOX](http://www.foxbusiness.com/)** [**BUSINESS**](http://www.foxbusiness.com/)
Tesla being an \$800 billion company gives it a “cost of capital advantage” that will help drive its growth, making its investment in bitcoin less of an issue, Nelson said. The company has seen its stock price increase following all [three equity offerings](https://www.foxbusiness.com/markets/tesla-stock-5b-offering) last year.
Tesla shares were up 22% this year through Monday compared with the S\&P 500’s 4.25% gain. |
| Shard | 163 (laksa) |
| Root Hash | 11899573368979483563 |
| Unparsed URL | com,foxbusiness!www,/markets/tesla-walks-bitcoin-tightrope s443 |