Connect with us

Advertisement

Crypto & News115 Views

Tesla plans to buy Bitcoin amid the Recession, Mars Mission and US-China Trade War

Elon Musk says, Bitcoin price will reach $1 Million Dollar before 2050, Bitcoin in Mars mission, Tesla and SpaceX Buying Bitcoin, Elon Musk buy Bitcoin amid Trade War, Recession, Mars Mission and Economic Crisis.

Published

It has been reported that Tesla is now going to start Bitcoin payments to strengthen its company like China and to increase discountable imports from China, due to which Tesla will not be affected by any tariff war, trade war, or economic war in the future. A few months ago, Tesla had sold Bitcoins whose lump sum value was 1.5 billion dollars because it is said that Tesla had sold all its Bitcoins for less than $50,000 due to which Tesla has suffered an annual loss of almost $2.25 billion and due to the trade war between Trump and China, Tesla and other US companies have suffered a lot in the market. Recently, the Trump administration of Pro-Bitcoin has said that Tesla is the only company that will now use Bitcoin for projects like SpaceX, PayPal, US Dollar, US debt, Tesla, and Boeing.  Recently, Elon Musk has said that Bitcoin can now play a very important role in SpaceX’s Mars mission because it has been suggested that with the help of the Bitcoin network, all the futuristic data and financial aid can be sent to Interplanet. It is being said that Bitcoin has been given great importance for sending economic, financial, and information to connect Earth to Mars and build human cities on Mars.

Elon Musk says Tesla, SpaceX, and the US Government need to buy Bitcoin for the Mars Mission

Elon Musk has been researching some blockchain technology for the last several months, due to which it has been said that by 2050, the Bitcoin and crypto industry can capture almost $25 trillion of the world’s market, in which the price of bitcoin is expected to be more than about $1 million dollar. Tesla first invested $1.5 billion in Bitcoin in February 2021. This purchase amounted to approximately 43,200 BTC at the time. Tesla sold 43,200 BTC for proceeds of $2 billion, realizing a profit of $128 million. This sale represented about 10% of their holdings and was done to test Bitcoin’s liquidity. Tesla Experts say Tesla plans to buy back all Bitcoin amid Elon Musk’s Mars mission, the US-China Tariff war, and potential Recession across the world. As of its first-quarter earnings report for 2025, released on April 22, 2025, Tesla holds 11,509 Bitcoins. Recently, US banks and BlackRock have said that Dollar Dominance can fall very fast due to Recession, trade war and economic losses in the US because top US asset firms say that though Trump is trying to save Dollar and build up US interest again but in the coming 5 years no US policy will be able to give good dominance to Dollar again.

Tariff War is most profitable war for gain highest federal revenue to buy Bitcoin and Gold.

Tesla’s decision to purchase Bitcoin involved a confluence of factors, reflecting both the company’s investment strategy and the views of its CEO, Elon Musk. Tesla’s filings with the U.S. Securities and Exchange Commission (SEC) indicated that the company aimed to “further diversify and maximize returns on our cash.” Bitcoin, as a digital asset, offered a potential avenue for diversification beyond traditional cash holdings. Elon Musk says their wealth will be converted into Bitcoin if SpaceX’s Mars Mission succeeds. Elon Musk says, Tariff war in between US-China is benefiting US and Chiense Governement to earn massive profit and buys Bitcoin and Digital Gold. 

Continue Reading