Bitcoin Surges Following $1.5 Billion Tesla Investment

Bitcoin Surges Following $1.5 Billion Tesla Investment

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Interactive Video

Business

University

Hard

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Elon Musk's Tesla invested $1.5 billion in Bitcoin, planning to accept it as payment, marking a first for automakers. Musk and celebrities like Snoop Dogg have supported cryptocurrencies on Twitter, boosting Dogecoin's value. Musk's tweets have previously led to SEC charges, raising questions about his influence on crypto markets. A $1000 Bitcoin investment from last year would now be worth $6000.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What major investment did Elon Musk announce regarding Tesla?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How much Bitcoin did Tesla buy?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What form of payment does Tesla plan to accept?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What issues has Elon Musk faced in the past regarding his tweets?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the value of a $1000 investment in Bitcoin made on January 1st of last year?

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