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Tesla Books $600 Million Boost From Bitcoin
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
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.
Tesla’s Net Income Surges $600 Million in Q4 as New Accounting Rule Boosts Bitcoin Holdings
Tesla’s fourth-quarter net income surged due to a rule change in accounting for digital assets. The company reported a jump in bitcoin holdings, following the Financial Accounting Standards Board’s new policy requiring corporate digital assets to be marked to market each quarter.
Tesla, Elon Musk
Tesla Stock Is Up Over 7% Since Q4 Earnings Miss, Retail Traders Are Now Firmly ‘Long The Elon Train’
Shares of Tesla, Inc. climbed to more than a week’s high on Friday, and are now up over 7% since the company posted weaker-than-expected fourth-quarter earnings. Despite the miss, retail traders have shifted sentiment,
Tesla earnings: Stock turns higher as Musk promises fully autonomous robotaxi as soon as June
Tesla reported fourth-quarter earnings on Wednesday afternoon, and investors looked past revenue and per-share profit misses to focus on news the company kept its goal to launch cheaper EVs in the first half of the year and vowed to have fully autonomous cars on the roads in Austin,
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.
TopSpeed
6h
Tesla Q4 Net Income Plummets, But Investors Remain Bullish — Here's Why
Tesla brought in nearly $19.8 billion in total revenues from its automotive operations in Q4. Energy generation and storage ...
2d
on MSN
Tesla 4Q earnings fall below Wall Street expectations, despite record sales
Tesla's fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest ...
1d
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 ...
2d
on MSN
Tesla’s profits slide over 70 percent in the fourth quarter
During the fourth quarter of 2024, Tesla said it earned $2.3 billion in net income on $25.7 billion in revenue. That ...
2d
Tesla Is Due to Report Earnings Today. Expect the Unexpected.
Tesla is slated to release its fourth-quarter earnings after the market closes on Wednesday. Any movement will hinge on what ...
16h
What might explain Tesla’s night moves?
After-hours trading is an odd, mostly American phenomenon. How a stock moves immediately after post-close earnings will tend ...
CCN on MSN
1d
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 ...
1d
Tesla Expects Capital Expenditure to Exceed $11 Billion in 2026, 2027
Tesla expects capital expenditure to exceed $11 billion this year and in each of the following two fiscal years, the elctric ...
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