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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.
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 Enjoys $600M Bitcoin Profit Jump After Accounting Rule Change
A new accounting rule helped Tesla report a $600M gain on digital assets in Q4, as their total value jumped to $1.08B.
Tesla Misses on Q4 Earnings, Vows to Return to Growth
Tesla earnings live updates: Promising ‘return to growth’ and cheaper cars
Tesla's fourth-quarter and full-year earnings day is here — a highly anticipated report that is expected to be released after market close Wednesday.
Tesla rises despite weaker earnings on promise to return to growth
Shares of Tesla (TSLA) are on the rise on Thursday despite the electric vehicle maker’s earnings missing expectations. The company pledged to
Tesla shares rise in Frankfurt despite earnings miss
Tesla shares opened up 3.6% in Frankfurt trading on Thursday, even as quarterly results at the U.S. electric vehicle maker fell short of Wall Street expectations. Tesla said it was on it was on track to roll out new,
Electrek
4h
A quarter of Tesla’s earnings were due to recognizing 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 ...
ReadWrite
1d
Tesla secures $600m Q4 gain under new accounting rules
Tesla has reported a $600 million boost in its latest quarterly results, thanks to a recent change in accounting rules for digital assets.
CoinDesk
2d
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 ...
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