Is Tesla's Bitcoin Investment a Good Move?
We recently learned that Tesla (NASDAQ: TSLA) decided to purchase about $1.5 billion of Bitcoin (CRYPTO: BTC) to hold on its balance sheet. But is this really the best use of the company's capital? In this Fool Live video clip, recorded on Feb. 8, Fool.com contributor Matt Frankel, CFP, and Industry Focus host Jason Moser discuss whether it's a smart and responsible move by Elon Musk and Tesla's leadership team, and whether another major tech giant could get in on the cryptocurrency trend.
Source Fool.com
