Bitcoin boosts Tesla profits by almost $600 million after accounting rule change
Elon Musk's EV maker invested $1.5 billion in bitcoin in early 2021. Companies can now record paper gains on cryptocurrencies ...
Tesla reports $600 million bitcoin profit jump after digital assets rule change
A recent change in the rules for how companies account for digital assets led Tesla to report a $600 million mark-to-market ...
CoinDesk2d
Tesla Marked Up Bitcoin Holdings Valuation in Q4, Booking a $600M Gain
Tesla overall reported adjusted EPS of $0.73 in the fourth quarter, missing estimates for $0.76. The gain on its bitcoin ...
Shacknews1d
Tesla (TSLA) acknowledged a $600 million benefit from Bitcoin holdings appreciation in Q4 2024
Vaibhav Taneja acknowledged Tesla’s benefit from its Bitcoin holdings during the company’s Q4 2024 earnings call. CEO Elon ...
Tesla: Once Again, It's Time To Trim (Double Rating Downgrade)
Tesla appears overvalued again and recommend trimming TSLA due to overly optimistic projections around future products. Click ...
Bitcoin makes a financial cameo
Tesla CFO Vaibhav Taneja noted that the automaker’s net income in Q4 was “impacted by a $600 million market benefit from ...
Leak Reveals Musk’s Doge Could Be About To Trigger A Bitcoin-Inspired Price Game-Changer
A leak has revealed Elon Musk could be planning to use bitcoin-inspired blockchain technology to power his Doge ...