Tags : Tesla


Bitcoin

Tesla Suffers $140 Million BTC Loss, SEC Submitting Exhibits

In February of 2021, Tesla revealed its intention to promote vehicles utilizing Bitcoin, prompting the worth of the cryptocurrency to skyrocket, whereas additionally buying $1.5 billion value of the crypto. One BTC was valued at round $43,000 on the time of the funding. Elon Musk, CEO of Tesla, was then fairly optimistic concerning the crypto’s future, stating […]Read More

Regulation

Tesla Particulars $140 Million Bitcoin Loss in SEC Submitting

Tesla misplaced over $140 million betting on Bitcoin final yr, in keeping with a Monday filing with the U.S. Securities and Trade Fee. The electrical automobile producer took a $204 million impairment cost whereas gaining $64 million by means of changing Bitcoin in 2022. “Within the yr ended December 31, 2022, we recorded $204 million […]Read More

Bitcoin

Tesla noticed a internet lack of $140 million on its

Tesla recorded good points of $64 million and impairment lack of $204 million. The corporate has revealed it bought 75% of its Bitcoin holdings, and held BTC value about $184 million as of 31 December 2022. The electrical automobile maker purchased Bitcoin value $1.5 billion in 2021. Tesla has revealed that the corporate bought many […]Read More

Bitcoin

Musk Sells Tesla Shares Price $3.58 Billion, Will He Purchase

For the fourth time this yr, Elon Musk has bought Tesla shares value billions. The crypto group is puzzling over whether or not and what implications this might have on his Bitcoin and Dogecoin holdings, and even Tesla’s BTC holdings. Musk bought $3.58 billion value of shares from Monday to Wednesday, a submitting with the […]Read More

Bitcoin

Third Quarter Report Exhibits Tesla Is Nonetheless Holding On To

The second quarter of 2022 had been set ablaze with hypothesis after automotive producer Tesla reported that it had offered 3/4 of its bitcoin holdings. The worth of its bitcoin holdings had declined throughout this time and the $936 million sale had been reportedly put into conventional currencies. Nevertheless, it appears the corporate will not […]Read More

Regulation

Elon Musk’s Tesla Nonetheless HODLing $218M in Bitcoin

Tesla’s Bitcoin holdings stay unchanged from the second quarter of 2022, in keeping with paperwork launched by the electrical automotive producer forward of its third-quarter investor relations name. In Tesla’s report released to the general public on Wednesday, the corporate says it nonetheless holds $218 million in Bitcoin. In July, Tesla introduced that it offered […]Read More

Bitcoin

New Cause For The Market Crash Revealed: Tesla Bought 75%

It’s true, Tesla already offered virtually a billion {dollars} in BTC and the market took it like a champ. After all, the value fell beneath the earlier all-time excessive for the primary time in bitcoin’s historical past, however there are clear causes for that. The Tesla dump wasn’t amongst these causes till yesterday evening, when […]Read More