Tesla sold most of its cryptocurrency

 Tesla, which created confusion last year when it unveiled a major investment in bitcoin, has sold most of its cryptocurrency. The electric car maker has disposed of 75% of its bitcoin holdings, which was worth about $2 billion at the end of 2021. Its move comes with a drop in the value of the digital currency, which has fallen more than 50 percent this year. Tesla said it bought cryptocurrencies for the $936 million it earned from bitcoin sales. Tesla CEO Elon Musk has been among the most prominent advocates of cryptocurrency, and his social media statements have usually led to significant activity in the currency trading. Tesla's investment in bitcoin, which he unveiled in 2021, has led to an increase in demand for the currency. The price of the notoriously volatile digital currency rose last year to nearly $70,000 in November before collapsing. Now Bitcoin is trading at less than $25,000. Tesla last year stopped accepting bitcoin as payment for its cars, citing concerns about th