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Tesla Books $600 Million Boost From Bitcoin
Tesla profits get $600 million Bitcoin boost thanks to crypto accounting rule change
Bitcoin has rallied over 50% since Donald Trump’s election win and is currently trading near the $106,000 mark.
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 gain.
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 as net income.
Tesla, Bitcoin
A quarter of Tesla’s earnings were due to recongnizing a $600 million gain on Bitcoin
Roughly a quarter of Tesla’s earnings last quarter were due to recognizing a $600 million gain on Bitcoin. Tesla
Tesla sees $600M Bitcoin gains in Q4
New accounting rules shed some light on the profitability of electric vehicle manufacturer Tesla's Bitcoin (BTC) investment.
Tesla Caps Roller-Coaster Year With Mixed Fourth-Quarter Earnings
The electric-car maker reported net income of $2.5 billion, a result driven in part by strong growth in Tesla’s energy business.
CoinDesk
1d
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 ...
coinspeaker
19h
Tesla’s Bitcoin Stash Value Hits $1 Billion in Q4 2024, Will It Add More BTC?
Tesla reported a substantial increase in the value of its Bitcoin holdings, surpassing $1 billion in Q4, reflecting a $600 million gain.
Electrek
2h
Tesla Q4 earnings call recap, PE ratios, and big Texas solar project goes online
Tesla Q4 earnings call's high-level weirdness, including the impact Bitcoin had on the bottom line, what it means for stock prices.
14h
Trump is putting Tesla's $2.8 billion side hustle under threat
Tesla has made billions off electric cars its rivals aren't selling, but President Donald Trump's anti-EV policies put that ...
4h
Tesla Stock Slips After Opening Higher
Tesla stock opened up 5.5% at $410.50 before slipping. The initial rise was a surprise for two reasons. For starters, ...
5h
Stock market today: Dow, S&P 500, Nasdaq move higher with Apple earnings in the wings
The S&P 500 ( ^GSPC) gained 0.5%, while the Dow Jones Industrial Average ( ^DJI) rose nearly 0.4%. The tech-heavy Nasdaq ...
9h
US stocks boosted at open by earnings and signs AI spending's intact. Nvidia dips, though.
Wall Street opens up on relief Meta and Microsoft kept their AI spending plans even as their earnings come in mixed. Next up, Apple after the close.
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