Tesla had a $600 million boost in its net earnings because of Bitcoin and a new accounting rule for how companies can account for crypto. Tesla...
Tesla recently transferred $770 million worth of Bitcoin holdings to new digital addresses. The transactions were Tesla’s entire Bitcoin holdings of 11,509 BTC and occurred over...
Tesla may be backtracking on its belief in the long-term benefits of investing in Bitcoin after losing over $200 million on the investment last year. The...
Tesla revealed in its Q2 2022 Shareholder’s Deck that it converted “approximately 75%” of its Bitcoin holdings into fiat currency, which is government-issued but not backed...
Tesla board member and brother to CEO Elon Musk, Kimbal, recently stated that the automaker was “ignorant” when it did not weigh the environmental impact of...
Recently, Elon Musk corrected some inaccuracies reported by a media outlet about Tesla’s Bitcoin transactions. The Tesla CEO’s recent comments about Tesla and Bitcoin reveal that...
