Tesla reported a $600 million gain on its 11,509 Bitcoin holdings in Q4 2024, benefiting from new FASB accounting rules that ...
By the close of Q4, a surging Bitcoin market pushed that fair value to $1.08 billion, adding roughly $347 million to Tesla’s balance sheet. Tesla remains one of the largest corporate holders of ...
Tesla’s digital assets have carried a value of $184 million on the company’s balance sheet since the end of 2022, but that number jumped to $1.08 billion when Elon Musk’s company reported ...
Tesla's balance sheet strength, with more cash than debt, supports its ability to invest in growth opportunities. Read why ...
What happened: Tesla’s balance sheet showed $1.07 billion in digital assets, up from $184 million from the last several quarters, according to the company’s earnings report released Wednesday ...
While robotaxis and robots haven't affected Tesla's balance sheet, selling credits to rivals that haven't moved enough EVs is a money-spinner for the company. Tesla made $1.8 billion from its ...
The price of Bitcoin and Tesla shares have both soared since President Donald Trump’s election win in November. Meanwhile, thanks to an accounting rule change, the digital currency’s rise has ...