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Tesla reports $600 million Bitcoin profit jump

Hosted on MSN · 3h

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.

NBC New York · 20h

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.

Business Insider · 9h

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.

Tesla Stock Slips

Crypto Comes to the Rescue in Tesla's Earnings

Tesla’s bottom line numbers were boosted by a $600 million one-time gain in “digital assets.” That added 20 cents a share in bottom-line earnings. Excluding that, EPS would have been closer to 55 cents,

MarketWatch · 1d

Tesla's stock tends to make big moves after earnings

Tesla's stock tends to swing wildly after earnings, having made double-digit percentage moves following each of the past four earnings reports. Those were split between losses and gains. Looking back at the past eight earnings reports,

Hosted on MSN · 8h

Tesla Stock Rallies Despite Earnings Miss

Tesla stock is moving higher despite coming up short of expectations for its fourth quarter. Here's what you need to know.

2hon MSN

Tesla reports $600 million boost to net income with updated bitcoin accounting: CNBC Crypto World

On today's episode of CNBC Crypto World, bitcoin gets a boost to $105,000 after the Fed keeps rates unchanged. Tesla reports ...

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 ...

Tesla’s Bitcoin Stash Value Hits $1 Billion in Q4 2024, Will It Add More BTC?

Tesla reported a substantial increase in the value of its Bitcoin holdings, surpassing $1 billion in Q4, reflecting a $600 million gain.

6h

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 ...

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