Tesla has liquidated roughly three-quarters of its bitcoins, adding $936 million in cash to its balance sheet, according to the company’s latest earnings report released on Wednesday. “As of the end of Q2, we have converted approximately 75% of our Bitcoin purchases into fiat currency,” the company revealed in its financial report.

Pelosi’s visit to Taiwan could cause US-China relations to “fall off a cliff,” per Global Times If House Speaker Nancy Pelosi goes through with her Taiwan visit in August, China will consider it a “strategic level provocation” that would push relations with the US “off a cliff,” the newspaper Global Times said in a series…

Washington lagging behind on UN dues creates a “challenge” exploited by China, envoy says The US being billions of dollars behind on its UN commitments is hurting Washington’s ability to influence the world organization, Ambassador Linda Thomas-Greenfield told the Senate Foreign Relations Committee on Wednesday. While the American delegation has resisted attempts at shaming over…