If you invested $1,000 in Nvidia, Bitcoin, and Tesla 10 years ago, you'd be sitting on this jaw-dropping amount today.
Roughly a quarter of Tesla’s earnings last quarter were due to recognizing a $600 million gain on Bitcoin. Tesla ...
Electric vehicle behemoth Tesla Inc. (NASDAQ:TSLA) reported an unrealized gain of $600 million on its cryptocurrency holdings ...
Vaibhav Taneja acknowledged Tesla’s benefit from its Bitcoin holdings during the company’s Q4 2024 earnings call. CEO Elon ...
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.
This event underlines broader financial industry shifts regarding cryptocurrency. Tesla’s experience may influence industry perceptions and business strategies in upcoming fiscal periods.
Tesla was particularly battered as it joined Apple (-3%) and Nvidia (-3%), as American multinational companies with the ...
Tesla continues to hold a substantial amount of Bitcoin, reaffirming its position as one of the largest corporate holders of the cryptocurrency. In its latest shareholder update for the fourth ...
Tesla reported its fourth-quarter 2024 earnings on Wednesday after U.S. stock markets closed, wrapping up a challenging year for the company’s sales but an exceptional one for its stock price.
Electric vehicle behemoth Tesla Inc. 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 ...