Elon Musk's Tesla Reports Bitcoin Gain Of $589 Million

Elon Musk's Tesla Records $600 Million In Paper Gains On Bitcoin In Q4 Thanks To New Accounting Rule
Electric vehicle behemoth Tesla Inc. (NASDAQ:TSLA) reported an unrealized gain of $600 million on its cryptocurrency holdings in the fourth quarter. What happened: Tesla’s balance sheet showed $1.07 billion in digital assets,
Elon Musk’s Tesla Reports Bitcoin Gain Of $589 Million Following US Accounting Rule Change
Electric vehicle manufacturer Tesla reported a $589 million gain from its Bitcoin holdings after an accounting rule change in the US.
Tesla Marked Up Bitcoin Holdings Valuation in Q4, Booking a $600M Gain
Elon Musk's Tesla (TSLA) appeared to take advantage of a new accounting rule allowing for holdings of digital assets to be marked-to-market each
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’s Bitcoin Stash Remains Intact in Q4 2024, Adding $600M in Value
Tesla’s Bitcoin holdings surged in value, climbing from a carrying value of $184 million to a fair market value of $1.08 billion. The company is
Tesla reports $600 million gain on Bitcoin holdings following new accounting rule update
Tesla’s Bitcoin holdings rose by $600 million in the fourth quarter after implementing a new accounting rule. The rule permits companies to value digital assets at market prices each quarter. According to Arkham Intelligence data,
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Elon Musk Finally Acknowledges the Launch of the Refreshed Tesla Model Y; However, He Was Barely Enthusiastic With His Endorsement
After keeping silent about the issue for days, Elon Musk has finally acknowledged the launch of the refreshed Model Y.
Tesla to report Q4 earnings amid concerns over sales decline, robotaxi rollout, Elon Musk’s time
Tesla investors submitted questions for the fourth-quarter earnings call asking CEO Elon Musk for details on the planned ...
Tesla’s $600 Billion Run-Up Looks Past Major Risks to EV Growth
Tesla Inc. shares have nearly doubled in value since the last time the company reported earnings— a set-up that usually ...
Jim Cramer Says ‘But There Is A Sense That Tesla, Inc. (TSLA) Is The Way To Play Robot’
We recently compiled a list of the Jim Cramer Discussed These 11 Stocks Before The DeepSeek Sell-Off. In this article, we are ...
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Tesla profit misses estimates but robotaxi plans offer relief
Tesla has given little detail on how it aims to roll out a robotaxi service. The Texas Department of Licensing and Regulation doesn’t currently list Tesla as a ride-share licensee. Musk said Tesla ...
Tesla Faces Call for Boycott in Poland After Musk’s Germany Remarks
A Polish government minister called for a boycott of Tesla vehicles after billionaire Elon Musk said there was “too much ...
Morgan Freeman Revealed In 2016 That He Owns Tesla Stock: Since Then, Elon Musk-Led EV Giant's Shares Have Surged 30X
CEO Elon Musk on Thursday shared a snippet of an interview given by actor Morgan Freeman in 2016, in which the Oscar-winning ...
Tesla Lost $15 Billion In Brand Value In 2024, Report Says: Did Elon Musk's Political Push Hurt EV Giant?
Tesla's brand value fell in 2024 and the company drops down the top 100 list from Brand Finance, thanks in part to Elon ...
Former Friend of Elon Musk Says Billionaire 'Believes He Is Above Everyone Else'
In January 2025, a post about tech billionaire Elon Musk, purportedly written by someone who knew him for years, was shared ...
Earnings Preview: What To Expect From Tesla
Tesla is expected to report earnings after Wednesday's close and here is a closer look at what Wall Street expects.
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Elon Musk’s recent behaviour could spell disaster for Tesla
In the early days of Tesla, Musk had an almost unquestioning following, but his EVs are now being bought in huge numbers by ...