Tesla Financial News
25.07 / 20:39
25.07 / 15:07
25.07 / 08:19
cryptocurrency
Digital
Tesla
Bitcoin
accounting
"Really Vague": Tesla's Bitcoin Dump Leaves Accounting Mystery In Its Wake
"Teslas disclosure is really vague and not transparent," said an accounting professor.
24.07 / 18:13
24.07 / 01:23
BTC
BLOCK
Tesla
Bitcoin
Bitcoin [BTC] manages to float above $20K despite recent liquidations and heavy outflows
If you have been closely watching the crypto, or even invested in it, chances are that you are wondering whether the latest bear cycle is over. The truth is that the market remains unpredictable especially in the long-term. Despite this, here are some opinions and observations will help you to better understand the current market state.
22.07 / 20:43
22.07 / 17:35
22.07 / 13:21
Tesla
Bitcoin
Holdings
bitcoin holdings
NOT
Tesla sells 75% of its Bitcoin holdings, expert say Musk did not fancy it much
Tesla Inc has trimmed its Bitcoin stake by one fourth, the renowned electric car manufacturer disclosed in its earnings for the quarter ended June 2022. In a shocker to the crypto world, Elon Musk's company revealed that it has converted about 75 per cent of its Bitcoin holding into fiat currency, which added about $963 million to its balance sheet. However, the automobile major in February 2021, had announced that it had invested about $1.5 billion in Bitcoin but subsequently sold 10 per cent of its stake in April, just two month later.
22.07 / 09:03
Tesla
Treasury
Bitcoin
Tesla sells majority of Bitcoin after turbulent crypto foray
Tesla Inc. sold a significant chunk of its stake in Bitcoin, an investment that helped legitimize the world’s largest electronic currency. “As of the end of Q2, we have converted approximately 75% of our Bitcoin purchases into fiat currency,” Tesla said in a shareholder letter Wednesday as part of the company’s earnings report. “Conversions in Q2 added $936M of cash to our balance sheet.” The electric-car manufacturer disclosed in February 2021 that it had invested $1.5 billion in Bitcoin, and subsequently sold 10% of its stake that April. Tesla said Wednesday its digital assets have shrunk to $218 million, and that a Bitcoin impairment hurt second-quarter profitability.
21.07 / 23:49
cryptocurrency
Tesla
Bitcoin
elon
Tesla sells 75 per cent of its Bitcoin as profits slump in crypto U-turn for Elon Musk
Tesla has sold a large proportion of its cryptocurrency holdings, after making waves last year revealing it had a significant investment in Bitcoin.
21.07 / 20:29
BTC
Digital
Tesla
Bitcoin
Tesla’s Bitcoin dump of $936M- Breaking down its impact on BTC
The world’s largest electric car company, Tesla, held Bitcoin [BTC] worth billions of dollars for a long time. The company claimed not to have sold any of its BTC after investing another $1.5 billion in early 2021.
21.07 / 20:19
21.07 / 15:47
21.07 / 15:23
Investing
Tesla
Bitcoin
Did Tesla Make Profit on its Bitcoin Investment?
The electric car maker Tesla sold off 75% of its bitcoin (BTC) holding for “a realized gain” in the second quarter, prompting speculations on how this investment went for the company. The sale is believed to have been made at a price of around USD 29,000, higher than the lows seen during the quarter.
21.07 / 14:35
cryptocurrency
Tesla
Bitcoin
Holdings
Bitcoin Recovers After Brief Sell-Off On News Tesla Sold 75% Of Its Holdings
Bitcoin was last up 1.04% at $23,494.57, after sliding as much as 0.5% to $23,268.92.
21.07 / 14:01
markets
Tesla
Bitcoin
Bitcoin Price
week
BTC price battles 200-week moving average after $930M Tesla Bitcoin sale
Bitcoin (BTC) staged its first test of critical support on July 21 as news that Tesla had liquidated most of its Bitcoin holdings subsided.
21.07 / 13:35
Dogecoin
cryptocurrency
Tesla
Bitcoin
Holdings
bitcoin holdings
Tesla Sells 75% Of Its Bitcoin Holdings After Turbulent Crypto Foray
As of the end of Q2, Tesla said it has converted 75% of our Bitcoin purchases into fiat currency.
21.07 / 13:01
Maxim
Tesla
Bitcoin
Holdings
bitcoin holdings
Tesla Sold 75% Bitcoin Holdings in Q2, Worth $936m
Electric car manuficaor Tesla (TSLA) announced that it sold $936 million worth of its Bitcoins or 75% of its holdings in the second quarter. The company reported the revelation in its earnings report on Wednesday.
21.07 / 13:01
BTC
Tesla
TSLA
Bitcoin
Bitcoin Price Rally Stalls, Falls below $23,000 amid 75% of BTC Sold by Tesla
After briefly breaching the $24,000 mark, Bitcoin fell below $23,000 to $2,895.94 at the time of writing, after the annocemnet of Tesla had sold 75% of its bitcoin in Q2.
21.07 / 09:11
cryptocurrency
Tesla
Bitcoin
Holdings
Suspends
Withdrawals
bitcoin holdings
Top Cryptocurrency News on July 21: Tesla sells bitcoin holdings, Zipmex suspends withdrawals and more
[content][quote]Market Buzz[/quote][title]Bitcoin, Ethereum fall up to 5%[/title][circularimage]
21.07 / 06:53
cryptocurrency
Tesla
Bitcoin
Tesla dumps bitcoin: What experts have to say
Elon Musk's Tesla has revealed that it sold off 75 percent of its bitcoin, worth $936 million, in 2021.
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