As detailed in a broad SEC filing this week, Tesla gave investors an update on its Bitcoin holdings. Parsing through the disclosure, it boils down to this: Tesla bought around $1.5 billion in bitcoin ...
Tag: Tesla
Elon Musk’s Tesla helped make EVs ‘possible in America’
Transportation Secretary Pete Buttigieg on Wednesday recognized Tesla as a pioneer of electric vehicle manufacturing in the U.S. “We admire the range of American companies that have innovated, i...
Tesla CEO Elon Musk Reveals Why He’s Pro Dogecoin Amid Debate Over Web3, Ethereum, Decentralization – Coinotizia
Tesla and Spacex CEO Elon Musk has explained why he’s pro dogecoin as the debate over web3, Ethereum, and decentralization intensifies. In the same conversation, former Twitter CEO Jack Dorsey insiste...
Tesla Prepares For California To Sue Over Alleged Racial Discrimination And Harassment
Topline Tesla says it expects the California Department of Fair Employment and Housing to file a lawsuit against the electric carmaker “alleging systematic racial discrimination and harassment” that o...
Tesla Finally Gets a Mention as Biden Talks Up Electric Vehicles
Text size President Joe Biden spoke in Washington, D.C., on Tuesday. Brendan Smialowski/AFP/Getty Images President Joe Biden just publicly said the T-word— Tesla —seeming to extend an olive branch to ...
Tesla owns service centers: Pros and cons
Tesla is known for sparking an electric vehicle revolution. It’s also brought services to customers, like mobile repairs and over-the-air tune-ups, that were once reserved for only the most elit...
Tesla Bitcoin Impairment Loss In 2021 Crosses $100 Million Following Price Crash
Tesla remains one of the public companies with the largest bitcoin holdings in the world. The automotive manufacturer had purchased bitcoin which was made public by CEO Elon Musk at a conference. Sinc...
Tesla BTC holding is now worth $2 Billion
Leading electric car maker Tesla holds around $2 billion worth of the flagship digital asset, Bitcoin, as of the end of last year. This was contained in the firm’s report to the United States Securiti...
For Tesla, Bitcoin was a great investment- The Cryptonomist
Exactly one year after Tesla announced its investment of $1.5 billion in Bitcoin, the company has disclosed that the return has been very fruitful. The outcome of Tesla’s investment in Bitcoin On Mond...
Why Tesla Invested $1.5 billion In Bitcoin Last Year
A filing with the U.S. Securities and Exchange Commission (SEC) revealed that Tesla, Inc. acquired a total of $1.5 billion in bitcoin during 2021, recording a $101 million impairment loss and $128 mil...
Tesla cut a steering component to deal with chip shortage
Employees work at the Tesla Gigafactory in Shanghai, east China, Nov. 20, 2020. U.S. electric car company Tesla in 2019 built its first Gigafactory outside the United States in the new Lingang area, w...
Tesla Holding Bitcoin Worth $2 Billion — Sees Crypto as Both Investment and Liquid Alternative to Cash – Featured Bitcoin News
Elon Musk’s electric car company, Tesla, has filed an annual report with the U.S. Securities and Exchange Commission (SEC) showing bitcoin holdings with a fair value of almost $2 billion at the end of...
Bitcoin Hits $43,000 After Tesla Announcement – Bitcoin News
Following a strong weekend, bitcoin’s surge continued to start the week, as Tesla announced close to $2 billion worth of holdings in BTC. Overall, crypto markets were around 3% higher on Monday. Bitco...
Tesla’s Bitcoin Investment Hits Nearly $2 Billion—Here’s How That Compares To Billionaire Novogratz’s Galaxy, Dorsey’s Square And More
Topline Electric carmaker Tesla revealed in a public filing Monday that the value of its bitcoin holdings ballooned to nearly $2 billion by the end of December, confirming the firm helmed by billionai...
Tesla Reported $101M Impairment Losses
In a recent 10-K filing, which is used to report a public company’s financial performance, Tesla revealed a $101 million loss in Bitcoin (BTC) investment. The electric vehicle company invested $1.5 bi...
Tesla ($TSLA) Suffers $101 Million Impairment Losses on Bitcoin Holdings in 2021
Tesla, the electric car maker, revealed that it suffered a loss of around $101 million of impairment losses from changes in the value of its bitcoin holdings in 2021. Tesla is reported to have investe...
Tesla held $2B of Bitcoin as of late 2021, SEC filing reveals
Elon Musk’s electric vehicle maker Tesla was holding about $2 billion worth of Bitcoin (BTC) by the end of 2021, according to official records. The “fair market value” of BTC held by Tesla as of Dec. ...
I don’t think Rivian will be the next Tesla
Rivian: “No, I don’t think [it’s going to be the next Tesla]. I think that it’s going to be a very unsexy truck maker. I have to tell you, Ford has to sell its stock [in Rivian...
Cathie Wood Focuses On Top Holdings In 4th Quarter
Summary Wood boosted Zoom and Roku during the quarter. She reduced her positions in Tesla, Zillow and Unity Software. Catherine Wood (Trades, Portfolio) disclosed her firm’s fourth-quarter 2021 portfo...
Tesla Is Easy To Trade If You Follow The Daily And Weekly Charts
(Photo by Smith Collection/Gado). Getty Images Tesla (TSLA) climbed its 200-day simple moving average between May 13, 2021 and August 19, 2021. After strength to its all-time intraday high set at $1,2...
Opinion: ARK investors have lost $4 billion — ‘We believe we’re going to see the turn sooner rather than later,’ Cathie Wood says
Four billion dollars would provide for a lot of retirements. It would, for example, pay for about 80,000 of these popular recreational vehicles. Or about 40,000 of these popular boats. Or, more prosai...
Alphabet’s Historic Stock Split Means More Investors Can Buy Shares—But Here’s What Analysts Say
Topline Wall Street experts are bullish about Google-parent Alphabet ahead of the company’s 20:1 stock split, arguing that the move will make shares more affordable to investors and presents a buying ...
Google’s Earnings Blockbuster Proves Its Primacy
Google Logo (Photo by Sean Gallup/Getty Images) Getty Images The world’s best company is being built in plain sight. And there is nothing that regulators, politicians or propogandists can do about it....
How The Auto Industry Should Learn From Honeywell and Nest
OCTOBER ’21: A Tesla Model Y electric vehicle is displayed on a showroom floor at the Miami Design … [+] District after reporting $1.6 billion in profits for the three months prior. (Photo...
Musk Says His Tweet About Taking Tesla Private Was ‘Entirely Truthful’
(Bloomberg) — Elon Musk says his 2018 tweet about plans to take Tesla Inc. private was “entirely truthful” and that investors who claim the missive was a fraud are wrong. Most Read from Bloomber...
Google is outdoing Apple and Tesla with a 20-for-1 stock split — Quartz
Alphabet, the parent company of Google, announced a 20-for-1 stock split along with its quarterly earnings report (pdf) on Feb. 1. It’s only the second split for the stock since it went public in 2004...
Alphabet Surges 7% After Blowout Earnings, Here’s What The 20:1 Stock Split Means For Investors
Topline Shares of Google-parent Alphabet surged over 7% on Tuesday after the company reported stellar fourth quarter earnings and announced a 20:1 stock split, following in the footsteps of tech giant...
Tesla to recall FSD Beta software that let drivers roll past stop signs
Tesla will recall software from 53,822 of its Model S, X, 3 and Y vehicles in the U.S. to eliminate a feature that let cars automatically roll through stop signs, according to records published today ...
Cathie Wood Buys More Robinhood And Tesla, Tells Investors To Take ‘Advantage’ Of Volatility
Topline Widely-followed stock picker Cathie Wood of Ark Invest, looking to bounce back as her funds continue to underperform, is using recent market volatility to buy the dip on big growth names like ...
A Big Tech Trade Is Losing Its Luster
The stock market’s popular FAANG trade is starting to show cracks. Investors say they are reconsidering their approach to trading big technology stocks after a week marked by giant swings in share pri...