Re:Tesla has suspended vehicle purchases using Bitcoin
by toomuchtodo on Wednesday May 12, 2021 @06:59PM
(#27136215)
> All of this reveals a surprising lack of sophistication in the approach taken by both Tesla and Musk.
Tesla's engineering team received experienced in supporting Bitcoin for payments and treasury management. Tesla received quite a bit of PR for accepting Bitcoin. Selling Bitcoin also net Tesla a substantial ($101 million) profit. It is said Tesla does not have a marketing department, but it is marketing itself just fine. You don't give Musk enough credit, he knows what he's doing.
Tesla's engineering team received experienced in supporting Bitcoin for payments and treasury management. Tesla received quite a bit of PR for accepting Bitcoin. Selling Bitcoin also net Tesla a substantial ($101 million) profit. It is said Tesla does not have a marketing department, but it is marketing itself just fine. You don't give Musk enough credit, he knows what he's doing.