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France 24
France 24
Business

Tesla's $1.5 billion Bitcoin bet sends cryptocurrency to record high

BUSINESS DAILY © FRANCE 24

News that electric carmaker Tesla has bought $1.5 billion worth of Bitcoin, and that it will start accepting payments in the cryptocurrency, sent its price to record highs. Bitcoin was trading over $47,000 early on Tuesday, according to the website Coindesk. Also, we look at the boardroom battle for French waste and water giant Suez. Its rival Veolia launched a hostile takeover bid on Monday, after months of wrangling with the company's board. France's finance minister has called on the market regulator to investigate.

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