No, Elon Musk Didn't Sell Tesla's Bitcoin Stockpile

Bitcoin (CRYPTO: BTC) was tumbling in value this morning after speculation arose that Elon Musk might have sold Tesla's (NASDAQ: TSLA) billions of dollars' worth of the cryptocurrency or was planning to.

As usual, it was Musk himself who ignited the rumor-mongering with a one-word tweet that simply said "Indeed," which subsequently required him to extinguish the fire by assuring everyone Tesla had done no such thing.

Image source: Getty Images.

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Source Fool.com