Tesla Inc. made waves this week when it announced that it had dumped the bulk of its Bitcoin stash. Selling 75% of its cryptocurrency gave the company a one-time cash infusion, Elon Musk’s electric ...
Plus, Hyundai is completely unbothered about Trump's EV policies, and Rivian throws Fisker owners a bone. The term "Tesla money" once referred to the electric automaker's rapid rise from niche brand ...
Elon Musk wasted no time dunking on the Financial Times after the newspaper backtracked on a bombshell report published last week that implied Tesla had a $1.4 billion hole in its books. “Turns out ...
Tesla profits rose 34% on a bitcoin boost last quarter following an accounting rule change. Tesla's paper gains on bitcoin accounted for nearly $600 million of its net income this quarter. The ...
The hiring of the accounting chief, Dave Morton, had been announced days before Musk abruptly took to Twitter last month and declared that he was planning to take Tesla private and had “funding ...
A recent rule change on digital asset accounting helped Tesla boost its net income in the fourth quarter. Tesla’s digital asset value remained at $184m for four consecutive quarters before jumping to ...
Does Tesla have a crypto coin? Learn the truth about Tesla’s crypto exposure, Bitcoin holdings, scams, and what investors should know.
Many, however, will argue over just how much progress Tesla is making on that front.Tesla’s $1.4 trillion valuation comes ...
It's been a volatile year for Tesla. After being down as much as 45%, it's up about 12% year-to-date, staging a big ...
“The only thing that’s certain is death and taxes.” This idiom may be overused, but adding a third item to that list is usually pretty clever. For example, my editor would probably say: “The only ...
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 billion in ...