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Elon Musk’s Tesla Is Already $1 Billion In Profit From

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Tesla's Bitcoin stash is now worth $1 billion more than when Elon Musk approved the purchase in February. Tesla's (TSLA)

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Tesla Buys $1.5 Billion In Bitcoin, Plans To Accept It As

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Key Points Tesla announced in an SEC filing Monday that it has bought $1.5 billion worth of bitcoin. The company also said it would start accepting bitcoin as a …

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Elon Musk's Tesla Buys $1.5bn Of Bitcoin Causing Currency

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Elon Musk's car firm Tesla has said it bought about $1.5bn (£1.1bn) of the cryptocurrency Bitcoin in January and expects to start accepting it as payment in future. The news caused the price of

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Elon Musk Bitcoin Scam Or Legit Did He Invest?

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Elon Musk Bitcoin – Viral Trend On February 8, 2021, Tesla bought about $1.5 Billion into Bitcoin and started receiving payments in bitcoin. In one of Elon Musk Bitcoin tweets, he relayed that Tesla buying into bitcoin was majorly for flexibility and diversification to generate more income for the company.

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Elon Musk’s Tesla Is Already $1 Billion In Profit From

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Tesla’s Bitcoin stash is now worth $1 billion more than when Elon Musk approved the purchase in February. Tesla’s (TSLA) bold foray into the Bitcoin market has been paying off in 2021 as BTC price rallies in October to hit over $58,000 on Oct.14.Tesla currently holds roughly 43,200 BTC, worth roughly $2.5 billion at today’s prices, according to online monitoring resource

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Elon Musk's Tesla Is Already $1 Billion In Profit From

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Tesla's Bitcoin stash is now worth $1 billion more than when Elon Musk approved the purchase in February. Tesla's (TSLA) bold foray into the Bitcoin market has been paying off in 2021 as BTC price rallies in October to hit over $58,000 on Oct.14.Tesla currently holds roughly 43,200 BTC, worth roughly $2.5 billion at today's prices, according to online monitoring resource Bitcointreasuries.net.

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Tesla Cars Can Be Bought With Bitcoin, Says Elon Musk

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Tesla CEO Elon Musk announced late Tuesday that it is now possible to buy Tesla vehicles in the U.S. with bitcoin.. The automaker last month revealed that it …

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Tesla Buys $1.5bn In Bitcoin, Pushing Price To New High

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Tesla, the electric car company run by the world’s richest person, Elon Musk, revealed on Monday that it had bought $1.5bn (£1.1bn) in bitcoin and said it …

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How Did Elon Musk Impact Bitcoin? Interactivecrypto

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Why Elon Musk Suddenly Fallen Out with Bitcoin In 2020, Elon Musk embraced Bitcoin and other cryptocurrencies, and this sentiment drove up the price of the currency. He even declared that buyers could purchase Tesla vehicles using Bitcoin. However, this action was paused in May 2021 because of the excessive energy consumption of Bitcoin.

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How Much Bitcoin Does Elon Musk Own? TechStory

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Elon Musk was one of the first prominent individuals to embrace cryptocurrencies. Though his favourite is still Dogecoin, he also invested a lot in Bitcoin. Back in 2018, Elon Musk owned only a small amount of cryptocurrency at 0.25 BTC. But his recent investment of $1.5 billion through Tesla made him one of the largest BTC holders globally.

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Elon Musk's Tesla Is Already $1 Billion In Profit From

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Tesla's Bitcoin stash is now worth $1 billion more than when Elon Musk approved the purchase in February. Elon Musk's Tesla Is Already $1 Billion In Profit From Holding Bitcoin - Cryptography Mena No Result

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Elon Musk's Big Bitcoin Buy May Have Been To Distract From

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Elon Musk’s big Bitcoin buy may have been to distract from bad Tesla news News of the $1.5 billion Bitcoin purchase came right after China revealed its …

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You Can Now Buy A Tesla With Bitcoin, Elon Musk Says CBS

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You can now buy a Tesla with Bitcoin. — Elon Musk (@elonmusk) March 24, 2021. According to the company's bitcoin payment terms and conditions, cars …

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Elon Musk Could Face SEC Investigation Over Bitcoin News

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The U.S. Securities and Exchange Commission (SEC) could investigate Elon Musk over Tesla’s $1.5 billion bitcoin purchase, some legal experts have warned, including a former SEC enforcement officer. Given the timing of Tesla’s bitcoin purchase and Musk’s multiple tweets on the subject, some say that the SEC will look into the matter.

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Elon Musk’s Tesla Is Already $1 Billion In Profit From

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Tesla currently holds roughly 43,200 BTC, worth roughly $2.5 billion at today’s prices, according to online monitoring resource Bitcoin Treasuries. This is approximately 65% or $1 billion more than what the carmaker paid in February when Elon Musk’s company revealed that it had added $1.5 billion in BTC to its balance sheet.

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Tesla CEO Musk Says Bitcoin Purchase Is "less Dumb" Than

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Tesla CEO Elon Musk is talking more about the automaker’s bitcoin purchase. In response to a comment from Binance CEO Changpeng Zhao, he called Tesla ‘s $1.5 billion bitcoin purchase “adventurous enough for an S&P500 company.” Q4 2020 hedge fund letters, conferences and more Tesla CEO defends bitcoin purchase

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Elon Musk Bitcoin How Did He Invest? Truth Exposed

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Elon Musk has stated that he holds bitcoin in his portfolio but has not said that he uses robots to trade bitcoin. His interests are in the technology and the potential of cryptocurrencies

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Elon Musk Buys Bitcoin, Crypto Insiders Respond

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Elon Musks decision to purchase $1.5 billion in Bitcoin is the catalyst that is driving Bitcoin to new highs said Seamus Donoghue, VP Sales and Business Development at METACO: “Bitcoin

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Bitcoin Soars To Alltime High As Musk's Tesla Says It

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Tesla has acquired around $1.5 billion in bitcoin under an investment policy at the electric car maker headed by Elon Musk, and it plans to begin accepting the digital currency as payment for its

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Bitcoin Surges As Elon Musk Says It Can Be Used To Buy Teslas

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Bitcoin’s price surged Wednesday after Elon Musk revealed the cryptocurrency could now be used to purchase Tesla vehicles, a hotly anticipated move first teased when Tesla revealed it …

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CoinDesk: Bitcoin, Ethereum, Crypto News And Price Data

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Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates.

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Elon Musk’s Bitcoin Buy: Is This The Next Wave For Cryptos?

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Elon Musk (@elonmusk) February 11, 2021. I’m not entirely sure what Musk’s point was here. I don’t believe that bitcoins need to be destroyed in the fires of Mount Doom to prevent the tyrannical rule of Sauron over Middle Earth. Though he’s right on one aspect, Bitcoin has emerged as the gold standard among cryptocurrencies.

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Tesla Billionaire Elon Musk Reveals How Much Bitcoin He Owns

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Using today's bitcoin price of about $10,000 a coin, that translates to $2,500. The serial entrepreneur – whose net worth tops $20 billion – made the revelation in …

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Michael Saylor Congratulates Elon Musk On Tesla's $1.5

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In brief MicroStrategy CEO Michael Saylor has congratulated Elon Musk on Tesla's $1.5 billion purchase of Bitcoin. The news follows a Twitter exchange between the two CEOs, in which Saylor offered to share his Bitcoin playbook. MicroStrategy has purchased $2.5 billion in Bitcoin to date, and expects an "avalanche of companies" to follow suit.

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Elon Musk Explains Tesla's $1.5B Bitcoin Buy Fox Business

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Tesla Inc. CEO Elon Musk said the inability to receive a return on his company’s cash was behind the decision to buy $1.5 billion of bitcoin. “When fiat currency has negative real interest, only a

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Elon Musk's Tesla Faces Scrutiny Over Bitcoin News

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Elon Musk's Tesla Faces Scrutiny Over Potential Conflict of Interest in $1.5 Billion Bitcoin Purchase Tesla is facing more scrutiny over its $1.5 billion dollar bitcoin purchase. A Tesla board member who reportedly approved the company’s bitcoin buy deal is a cryptocurrency investor who also sits on the boards of two major crypto firms.

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Tesla Bitcoin Purchase Could Launch SEC Investigation

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The SEC could look into the exact date of Tesla’s BTC purchase, as well as if CEO Elon Musk’s tweets gave its investment an appreciation in value. Earlier this week, Tesla shocked many by

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Elon Musk & Tesla Have Opened The Doors For More CEOs To

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The team at Bloqport was the first to identify how the Bitcoin purchase by Elon and Tesla, fits into a bigger picture of finance and BTC adoption. Tesla have put nearly 10% of its $19 billion cash holdings in BTC. Elon Musk has destroyed the “career-risk” of buying Bitcoin. Expect an absolutely tidal wave of CEOs to follow.

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Elon Musk Says Tesla Will Stop Accepting Bitcoin To Buy

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Elon Musk said Tesla will no longer accept Bitcoins as a form of payment for the car Credit: Getty "Tesla has suspended vehicle purchases using bitcoin ," Musk tweeted . "We are concerned about rapidly increasing use of fossil fuels for bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel."

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Tesla Likely To Start Accepting Bitcoin As Payment Again

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Tesla likely to start accepting bitcoin as payment again, says Elon Musk The founder of the electric carmaker says coins are mined using at least 50% renewable power, sending the …

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Tesla's Bitcoin Purchase Likely Helped By Board Member

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It's not just Elon Musk — a Tesla board member may have also helped with the automaker's massive bitcoin purchase Grace Kay Feb 16, 2021, 9:45 AM Yasin Ozturk/Anadolu Agency via Getty Images TSLA

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Elon Musk Says You Can No Longer Buy A Tesla With Bitcoin

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Elon Musk shocked the world a few months ago by first announcing that Tesla had bought bitcoin worth $1.5 billion and then that Tesla buyers could pay …

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Elon Musk Launches SPAC To Purchase WuTang Clan With

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Elon Musk's Plan To Launch A SPAC. According to trusting financial sources, Elon Musk is planning to launch a SPAC to purchase the rap superstar group Wu-Tang Clan.The Special Purpose Acquisition Company or SPAC was said to have raised over $350 billion and will be trading under the ticker symbol “CREAM”. In addition, Martin Shkreli is said to be involved in the deal.

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Elon Musk Tweets You Can Now Buy A Tesla With Bitcoin

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In a series of Tweets, Tesla CEO Elon Musk said consumers may now purchase a Tesla and pay with Bitcoin. You can now buy a Tesla with BitcoinElon Musk (@elonmusk) March 24, 2021 Musk went on

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Tesla Stops Taking Bitcoin For Vehicle Purchases, Citing

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Bitcoin’s value has similarly plunged about 4 percent after today’s Musk tweet, to $52,593.46 at 6:21PM ET from $54,829.14 at 6:06PM, according to Coindesk. With …

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Bitcoin Price Drops 12% After Elon Musk Tweets That Tesla

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Musk tweeted in late March that people "can now buy a Tesla with Bitcoin." Musk, who has in the past expressed skepticism about cryptocurrencies, said in …

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You Can Once Again Buy A Tesla With Crypto, But This Has

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Several months ago, Musk – the South African billionaire and CEO behind Tesla – announced that his company was going to permit customers to purchase vehicles with bitcoin

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Elon Musk Announces On Twitter That You Can Now Buy A

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Elon Musk announced via Twitter that Tesla would accept bitcoin as payment. Britta Pedersen-Pool/Getty Images . Elon Musk announced on Twitter on Wednesday that Tesla would begin accepting bitcoin

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Elon Musk: ‘You Can Now Buy A Tesla With Bitcoin’ Decrypt

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Tesla CEO Elon Musk announced today on Twitter, that the EV manufacturer has begun accepting payment for its range of electric cars in Bitcoin.A Bitcoin payment button has appeared on the Tesla website. Notably, the Tesla chief executive added that it will hold any Bitcoin paid to the company rather than converting it to fiat currency; it will be added to the cryptocurrency reserves the

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Elon Musk Is Serious About Crypto As Tesla Puts $1.5

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Elon Musk is serious about cryptocurrency. On Monday, Musk moved from jokey tweets to major investments when Tesla disclosed in an SEC filing that the company invested $1.5 billion in bitcoin

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Is “BitcoinX – The Elon Musk Effect” A Legit Trading

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Elon Musk is the world richest person and the founder of SpaceX, Tesla, and Neuralink. He is also the co-founder of PayPal. Musk is a big follower of bitcoin and blockchain.

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Elon Musk Says 'You Can Now Buy A Tesla With Bitcoin

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You can now buy a Tesla with Bitcoin.You read that right and it’s not a rumor. It’s coming straight from the CEO of Tesla, Elon Musk, himself. In a tweet a few hours ago, the Tesla CEO said potential car owners can buy the world-famous electric vehicles using Bitcoin

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Elon Musk On Bitcoin: The Biggest Takeaways From His Chat

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1. Elon Musk personally owns Bitcoin, Ethereum, and Dogecoin . The world's second richest man has spoken about all three cryptocurrencies …

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Tesla (TSLA) CEO Elon Musk Again Moves Crypto Prices

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Tesla CEO Elon Musk expressed his enthusiasm for cryptocurrencies yesterday, boosting prices of Bitcoin, Ethereum, and Dogecoin. Musk's support for cryptocurrency markets came after the Bitcoin

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Elon Musk’s Tesla Suspends Vehicle Purchase With Bitcoin

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The announcement posted by Elon Musk on Twitter reads as follows: “Tesla has suspended vehicle purchases using Bitcoin. We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel. “Cryptocurrency is a good idea on many levels and we believe it

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Shiba Inu Coin: How Did Elon Musk Help Boost SHIB By Over

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SHIBA Inu has rocketed by more than 350% in recent weeks. The price of the coin now stands at $0.00002836 and it remains among the most traded of all cryptocurrencies. SHIB as the coin is known, shot up in value on October 4 after a tweet by billionaire entrepreneur Elon Musk. It's …

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Elon Musk: Tesla Will Resume Allowing Bitcoin Transactions

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Exactly one month following Tesla’s announcement of halting bitcoin payments, Elon Musk has said on Sunday that the electric vehicle manufacturer will resume allowing BTC transactions. However, there’s one condition: at least 50% of the energy used for bitcoin

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Frequently Asked Questions

How much bitcoin does Elon Musk own?

The co-founder of Tesla Inc Tesla Tesla, Inc., is an American electric vehicle and clean energy company based in Palo Alto, California. The company specializes in electric vehicle manufacturing, battery energy storage from home to grid scale and, through its acquisition of SolarCity, solar panel and solar roof tile manufact... . revealed on Twitter that he owns only a tiny fraction of one bitcoin token. "I literally own zero cryptocurrency, apart from .25 BTC that a friend sent me many years ago," Musk confessed. Using today's bitcoin price of about $10,000 a coin, that translates to $2,500 . Jun 25 2019

Does Elon Musk own Tesla?

Tesla is a public company, which means that there are many stockholders. Musk owns a lot of the stock, and through relationships controls the voting of many more shares. But no, Elon Musk doesn’t own Tesla. In fact, he never “owned” Tesla.

Who owns Elon Musk?

Elon Musk Only Owns 22% of Tesla Shares. Elon Musk, the unstable founder and CEO of Tesla Inc. (NASDAQ: TSLA), runs the electric car company as if he owns it. He does not. His position as head of Tesla is vulnerable because he only owns 21.9% of the public corporation’s shares, according to its proxy. Musk is not the only large shareholder of Tesla.

What car does Elon Musk own?

The iconic billionaire founder and CEO of electric vehicle powerhouse Tesla, Elon Musk, reveals he owns two cars that run on gasoline. Musk has a Ford Model T, which a friend gave him, and a Jaguar Series 1 1967 E-type Roadster, he says, via Twitter.

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