bitcoin tesla - Search News

Tesla Books $600 Million Boost From Bitcoin

Hosted on MSN · 14h

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 · 20h

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, Bitcoin

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 holdings was for GAAP purposes and would have had no effect on adjusted EPS. Shares are higher by 3.5% in after hours trading.

ReadWrite · 16h

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.

The Motley Fool · 20h

Tesla Misses Revenue, EPS Expectations in Q4

Tesla reported mixed earnings, reflecting pressures from unmet expectations against advancements in energy and technology sectors.

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 ...

1d

Bitcoin makes a financial cameo

Tesla CFO Vaibhav Taneja noted that the automaker’s net income in Q4 was “impacted by a $600 million market benefit from ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results