Roughly a quarter of Tesla’s earnings last quarter were due to recognizing a $600 million gain on Bitcoin. Tesla ...

Bitcoin jumps again after Tesla CEO Elon Musk says the company will now accept the world’s largest digital currency as payment for its electric vehicles. The price of Bitcoin rallied again on ...

A recent change in the rules for how companies account for digital assets led Tesla to report a $600 million mark-to-market ...

The Bitcoin Magazine Policy Team invites Tesla and Elon Musk to reconsider their stance on the environmental impact of bitcoin. In February 2021, Tesla became an industry leader in Bitcoin by ...

New analysis shows bitcoin has crossed the threshold that Elon Musk has said would lead his electric vehicle company Tesla to resume accepting the cryptocurrency as payment. Specifically ...

The video, which has has since been taken down, showed a clip of Musk that was meant to look like a livestream from a Tesla .

Tesla profits rose 34% on a bitcoin boost last quarter following an accounting rule change. Tesla's paper gains on bitcoin accounted for nearly $600 million of its net income this quarter.

After announcing plans to accept bitcoin as a payment method for its electric vehicles through a U.S. Securities and Exchange Commission (SEC) filing in February, Tesla has now officially added the ...

Tesla overall reported adjusted EPS of $0.73 in the fourth quarter, missing estimates for $0.76. The gain on its bitcoin holdings was for GAAP purposes and would have had no effect on adjusted EPS.

Tesla said its digital asset holdings were now valued at $1.076 billion A wallet linked to the EV maker by Arkham shows that Tesla holds over 11,500 $BTC worth some ...

Bitcoin made up a big chunk of Tesla's profits last quarter because of an accounting rule change that allowed the automaker to report its unrealized gains on the cryptocurrency as income in its ...