In light of a 40% drop in TSLA stock, I am upgrading my rating of it from “Sell” to “Hold,” due to a shift in its long-term ...
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 ...
Brian Mulberry, Client Portfolio Manager, Zacks Investment ManagementShares of Tesla - this year's worst-performing stock among the Magnificent 7 megapcap tech leaders - fell another six percent on ...
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 ...