Elon Musk's Tesla Could Earn 17 Billion USD From Bitcoin

What would happen if Tesla stopped accepting Bitcoin? According to Tomas Grief, Product Director at Brainns, this electric vehicle giant could have accumulated 160,000 BTC, currently worth over 17 billion dollars — just by accepting only 2% of vehicle sales in Bitcoin since 2021. This amount now accounts for nearly half of Tesla's total profit since 2021. The Script "If Only" Worth 17 Billion USD of Tesla On May 12, 2021, Elon Musk shocked the cryptocurrency world. In a famous tweet, the CEO of Tesla announced that the company would stop accepting Bitcoin for car purchases, citing environmental concerns: "Cryptocurrency is a great idea on many levels... but it cannot cause significant harm to the environment." He added that Tesla will not sell BTC and will reconsider transactions when mining operations become more sustainable. This Is What Could Happen If Tesla Continues to Operate In a post on X, Tomas Grief shared an astonishing prediction: If only 2% of Tesla's sales since 2021 are in Bitcoin — and the company holds BTC — then Tesla would currently own approximately 160,000 BTC.

On May 12, 2021 (, Tesla temporarily suspended payments with BTC), Bitcoin was priced at $56,667. In just 11 days, BTC dropped nearly 39% after the announcement. Today, Bitcoin is trading around $108,826, up 88.9% compared to the same period last year. That amount of 160,000 BTC is now worth over $17 billion.

To understand better: Tesla has made approximately 40 billion dollars in profit since 2021. This means that their potential BTC amount will be equal to 42.5% of the total profit. Why Did Tesla Suspend Payments in Bitcoin Musk's decision comes amid the growing impact of Bitcoin on the environment: High energy consumption, primarily from fossil fuelsSignificant carbon emissions and electronic wasteConcerns about water and land use As Bitcoin mining gradually shifts to renewable energy, these sustainability issues remain unresolved, causing a divide in the tech community regarding its long-term viability. Is Tesla Considering Accepting Bitcoin Again? As of now, Tesla has not yet resumed payments in BTC for its vehicles. However, recent comments from Elon Musk indicate a renewed interest in cryptocurrency: His new political group, "American Party," will accept donations in Bitcoin. Recently he posted that "fiat money is hopeless" on X. However, these comments are purely personal and do not represent the official decision of Tesla Inc. Interestingly, Tesla is said to have benefited from changes in the new accounting rules, allowing the company to report profits from the amount of BTC held – raising speculation about a renewed interest in cryptocurrency.