Elon Musk Buys Bitcoin: Everything You Need to Know About Tesla's $1.5B Purchase

Elon Musk’s Tesla (TSLA) has purchased $1.5 billion in bitcoin as a treasury reserve asset. Additionally, the company will soon be allowing people to pay for Teslas with bitcoin. 

In this episode, NLW breaks down:

• How Elon got to this moment, including his exchanges with MicroStrategy’s (MSTR) Michael Saylor
• What critics of the Tesla community and the bitcoin community are likely to say 
• How this de-risks bitcoin purchases for other Fortune 500 companies 
• How it relates to Elon’s doge memeing 
• Why this is likely to have a significant impact on bitcoin’s narrative regarding climate change and energy use 
• Why Cathie Wood is laughing all the way to the bank.

-- Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io -- Enjoying this content?   SUBSCRIBE to the Podcast Apple:  https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M=   Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW   The Breakdown is produced and distributed by CoinDesk.com