A recent change in the rules for how companies account for digital assets led Tesla to report a $600 million mark-to-market gain.
A new accounting rule helped Tesla report a $600M gain on digital assets in Q4, as their total value jumped to $1.08B.
Electric vehicle leader Tesla Inc (NASDAQ:TSLA) reported fourth-quarter financial results after the market close Wednesday. Here are the key highlights.
Tesla’s Bitcoin holdings surged in value, climbing from a carrying value of $184 million to a fair market value of $1.08 billion. The company is ...
Tesla reported an income of $2.3 billion in the Q4, which includes the $600 million profit off the firm’s Bitcoin holdings. The automaker’s revenue show a 2% year-on-year increase. The report ...
The company reported disappointing earnings and sales as auto revenue dropped by 8% from a year earlier. Tesla's bitcoin holdings led to a big pop in reported net income for the fourth quarter ...
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