Tesla’s first quarter earnings report released on Monday showed that the company sold off 10 per cent of its Bitcoin holdings. It made $272m in proceeds and $101m in profit from Bitcoin.
The car maker made more money from Bitcoin than car sales. Tesla’s profits hit $438m with nearly a quarter of that earning coming in Bitcoin sale.- "punch"
The blockchain technology, which is the technology that powers bitcoin, is what they will incorporate.
They can choose to make bitcoin a payment method so that their buyers can make payment with it and they in turn be receiving the assets.
Or they can also be investing their money in it, which is the new trend this time around, we have already seen a lot of them that are investing in it. With the level of profit that Tesla has made now, they will be convinced to start investing more money into bitcoin so that they can make huge profit like this.