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.
Electrek2h
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 ...
Wall Street rises as gains in Meta, Tesla offset Microsoft slump
Wall Street's main indexes rose on Thursday, driven by post-earnings advances in Meta and Tesla, although Microsoft's weak ...
Inside Trump's crypto court: Elon Musk, Sam Altman, Peter Thiel and their battle for Bitcoin domination
Elon Musk, Sam Altman, Peter Thiel and their battle for Bitcoin domination - Donald Trump will be the first president to ...
Tesla Stock ‘Somehow’ Rises Despite Big Earnings Miss—As Musk Predicts It Will Be World’s Biggest Company
The final earnings release of 2024 finalized another difficult year for Tesla’s bottom line, as its full-year net income came in at $8.4 billion, a 23% decrease from 2023 and a 40% decline from 2022’s ...
Tesla targets unsupervised FSD launch in Austin by June 2025 while projecting pivotal growth across AI and energy
Musk announced that unsupervised Full Self Driving (FSD) would launch as a paid service in Austin by June 2025, with plans to expand across the U.S. This includes Tesla's internal fleet already ...