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Tesla Books $600 Million Boost From Bitcoin

Hosted on MSN · 6h

Tesla Books $600 Million Boost From Bitcoin After Accounting Change

Tesla Inc.’s holdings of Bitcoin gave its latest quarterly results a boost, courtesy of new accounting rules for digital assets.

Fortune on MSN · 52m

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 · 15h

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’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.

3h

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 ...

1h

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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