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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 Books $600 Million Boost From Bitcoin After Accounting Change
Tesla Inc.’s holdings of Bitcoin gave its latest quarterly results a boost, courtesy of new accounting rules for digital assets.
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 earnings miss mark — but stock rises anyway
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's stock tends to make big moves after earnings
Tesla's stock tends to swing wildly after earnings, having made double-digit percentage moves following each of the past four earnings reports. Those were split between losses and gains. Looking back at the past eight earnings reports,
Tesla Stock Rallies Despite Earnings Miss
Tesla stock is moving higher despite coming up short of expectations for its fourth quarter. Here's what you need to know.
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 ...
ReadWrite
12h
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.
Electrek
5h
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.
4h
Tether Is Bringing USDT To Bitcoin Network, Which Will Allow 'Millions' To Send Dollars Globally
Cryptocurrency firm Tether (CRYPTO: USDT) announced the launch of USDT, the world’s most valuable stablecoin by market cap, ...
10h
Dow Jones Industrial Average makes a late break on Thursday
The Dow Jones Industrial Average (DJIA) churned on Thursday, marking in tracks around 44,700 but sticking close to the day’s ...
14h
Wall Street follows FTSE higher as traders weigh US economy slowdown and ECB rate decision
US stocks rose on Thursday, with the Nasdaq (^IXIC) and S&P 500 (^GSPC) eyeing a comeback as investors digested news that the ...
14h
Dow closes more than 150 points higher in volatile session after slew of earnings reports: Live updates
Wall Street is coming off a losing session after the Federal Reserve paused its interest rate-cutting campaign, leaving its ...
18h
on MSN
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 ...
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