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Tesla, Bitcoin
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.
Tesla (TSLA) Owns $1 Billion Worth of Bitcoin
Electric vehicle maker Tesla (TSLA) has reported that it held 9,720 Bitcoin (BTC) valued at $1.07 billion at the end of last year. Invest with
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 reports $600 million gain on Bitcoin holdings following new accounting rule update
Tesla’s Bitcoin holdings rose by $600 million in the fourth quarter after implementing a new accounting rule. The rule permits companies to value digital assets at market prices each quarter. According to Arkham Intelligence data,
Tesla Marked Up Bitcoin Holdings Valuation in Q4, Booking a $600M Gain
Elon Musk's Tesla (TSLA) appeared to take advantage of a new accounting rule allowing for holdings of digital assets to be marked-to-market each
Tesla (TSLA) acknowledged a $600 million benefit from Bitcoin holdings appreciation in Q4 2024
Tesla’s Q4 2024 earnings call offered a deep insight to the inner workings of the world’s leading EV company over the last few months. During it, CFO Vaibhav Taneja revealed a critical piece of information about the company’s bookings: Tesla made $600 million off Bitcoin (BTC) in Q4.
Tesla will launch unsupervised driving in Jun., Musk says
Elon Musk claims Tesla will launch a self-driving service in Austin in June
Tesla CEO Elon Musk said Wednesday his company will launch a paid ride-hailing robotaxi service in Austin, Texas using its own fleet vehicles this coming
Elon Musk dangerously overrides Tesla’s autopilot
It’s hard to fault a CEO who grows a company beyond $1 trillion in value. Elon Musk managed the feat by upending the automotive market with Tesla’s electric vehicles and extended its lead with broader battery power.
Tesla will launch unsupervised driving in June, Musk says
Tesla will launch an “unsupervised, no one in the car” robotaxi service in Austin, Texas, in June, Elon Musk said in an earnings call Wednesday. “We just want to put a toe in the water, make sure everything’s okay, put a few more toes in the water, with safety of the general public and those in the car as a top priority,” Musk said.
Tesla 4th-quarter results miss estimates
Tesla’s profits slide over 70 percent in the fourth quarter
During the fourth quarter of 2024, Tesla said it earned $2.3 billion in net income on $25.7 billion in revenue. That represents a 1.9 percent increase year over year compared to $25.2 billion in revenue in Q4 2023 and a 70 percent decrease in net income. (The company’s net income in Q4 2023 includes a one-time non-cash tax benefit of $5.9 billion.)
Tesla’s Fourth-Quarter Profit Rises Slightly
The electric-car maker reported net income of $2.5 billion, a result driven in part by strong growth in Tesla’s energy business .
Tesla fourth-quarter results miss estimates as automotive revenue drops 8%
Tesla reported disappointing results on the top and bottom lines. The stock initially fell in extended trading before rebounding. Automotive revenue fell 8% from a year earlier. Tesla reported earnings and revenue for the fourth quarter that missed analysts' estimates.
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Tesla Supplier STMicroelectronics Forecasts Sales Decline Amid Weak Demand for Legacy Chips
The chip maker—which counts Apple, Samsung Electronics and Tesla among its customers—expects lower sales, as demand for ...
8h
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 ...
1h
Rivian Revs To Rival Tesla With Level 3 Autonomy And Voice AI Plans
Soon you'll be able to go hands off the wheel, eyes off the road while chatting with your Rivian. A look at how the EV maker ...
7h
Tesla’s Profit Fell Sharply Last Year
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the ...
18h
Tesla earnings: Stock dives after profit and revenue rise less than expected
Tesla reports fourth-quarter earnings on Wednesday afternoon. Investors will be listening for the company's sales outlook and ...
10h
Tesla Earnings: Stock Whipsaws As Revenue, Sales Fall Short Of Estimates
The final earnings release of 2024 finalized another difficult year for Tesla’s bottom line, as its full-year net income came ...
20h
Tesla’s $600 Billion Run-Up Looks Past Major Risks to EV Growth
Tesla Inc. shares have nearly doubled in value since the last time the company reported earnings— a set-up that usually ...
9h
Tesla’s preferred metric slips again
Zachary Kirkhorn declared during an earnings call that Tesla was “most focused” on its operating margin. At the time, this ...
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