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Tesla Books $600 Million Boost From Bitcoin
A quarter of Tesla’s earnings were due to recognizing a $600 million gain on Bitcoin
Roughly a quarter of Tesla’s earnings last quarter were due to recognizing a $600 million gain on Bitcoin. Tesla
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’s Net Income Surges $600 Million in Q4 as New Accounting Rule Boosts Bitcoin Holdings
Tesla’s fourth-quarter net income surged due to a rule change in accounting for digital assets. The company reported a jump in bitcoin holdings, following the Financial Accounting Standards Board’s new policy requiring corporate digital assets to be marked to market each quarter.
Bitcoin boost: how Tesla’s crypto holdings gained $896M in value
Tesla Inc (NASDAQ: TSLA) attributed a significant increase in its quarterly net earnings last night to its bitcoin holdings. The company recorded $1.08 billion as the carrying value of its bitcoin holdings in its fourth-quarter release – up sharply from $184 million at the end of Q3.
Tesla Misses Q4 Earnings Estimates
Analysts overhaul Tesla stock price targets after Q4 earnings
Tesla shares bumped higher in early Thursday trading following a disappointing fourth quarter earnings update that was somewhat offset by a bullish outlook from CEO Elon Musk, triggering a host of price target changes from analysts on Wall Street.
Tesla (TSLA) Q4 2024 earnings results and conference call transcript
Tesla just released its Q4 2024 earnings results, and the stock is reacting in after-hours trading. The EV company reported earnings-per-share (EPS) of $0.73/share and revenues of $25.7 billion, missing Wall Street analyst estimates of $0.76/share and $27.3 billion.
Tesla Stock Slips After Earnings
Coverage and analysis of electric vehicle maker Tesla's fourth-quarter financial results, Q&A call, and the stock's reaction.
2d
on MSN
Tesla 4Q earnings fall below Wall Street expectations, despite record sales
Tesla's fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest ...
TopSpeed on MSN
12h
Tesla Q4 Net Income Plummets, But Investors Remain Bullish — Here's Why
Tesla brought in nearly $19.8 billion in total revenues from its automotive operations in Q4. Energy generation and storage ...
2d
on MSN
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 ...
2d
Tesla earnings: Stock turns higher as Musk promises fully autonomous robotaxi as soon as June
Tesla reported fourth-quarter earnings on Wednesday afternoon, and investors looked past revenue and per-share profit misses ...
2d
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 ...
1d
on MSN
Tesla Stock ‘Somehow’ Rises Despite Big Earnings Miss—As Musk Predicts It Will Be World’s Biggest Company
The final earnings release of 2024 finalized another difficult year for Tesla’s bottom line, as its full-year net income came in at $8.4 billion, a 23% decrease from 2023 and a 40% decline from 2022’s ...
2d
Tesla earnings recap: Elon Musk talks paid robotaxi rides in June, Optimus 'uncertainty,' and more as stock rises
Tesla's fourth-quarter earnings missed Wall Street's estimates, but the stock rose on 2025 guidance and plans for robotaxi rides to begin in June.
22h
What might explain Tesla’s night moves?
After-hours trading is an odd, mostly American phenomenon. How a stock moves immediately after post-close earnings will tend ...
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