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Tesla Books $600 Million Boost From Bitcoin

Hosted on MSN · 10h

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.

Business Insider · 16h

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.

NBC Los Angeles · 1d

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.

Tesla earnings miss mark — but stock rises anyway

Electrek · 10h

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

MarketWatch · 1d

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,

Hosted on MSN · 15h

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.

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 ...

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 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 ...

18hon 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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