Tag: Tesla
Tesla reports $64M profit from Bitcoin sale
Tesla’s decision to offload most of its Bitcoin (BTC) treasuries netted the company a hefty profit in the second quarter, even as crypto prices plunge [...]
Tesla Recorded $64M Gain on Bitcoin Sales in Q2
The company did not reveal what price it sold its bitcoin for in the second quarter but a rough calculation shows it sold for an average price of arou [...]
Why CEO Mary Barra is confident GM can beat Tesla in electric vehicles
GM Chair and CEO Mary Barra addresses investors Oct. 6, 2021 at the GM Tech Center in Warren, Michigan.Photo by Steve Fecht for General MotorsDETROIT [...]
First Mover Asia: Does Tesla Really Believe in Bitcoin?; Altcoins Rise in Thursday Trading
The electric car maker became a proxy for investors looking to take a position in the cryptocurrency without buying it directly, but its recent jettis [...]
S&P 500, Nasdaq 100 Extend Recovery as Tesla Soars, Energy Stocks Dive on Oil Slump
US STOCKS OUTLOOK:The S&P 500 and Nasdaq 100 rise for the third straight day, closing at their best level since early JuneTesla rallies nearly 10 [...]
ECB (Finally) Exits Negative Rates as Bitcoin Digests Tesla Sales
A drop in bitcoin prices came as electric carmaker Tesla said in an earnings report on Wednesday that it sold $936 million worth of bitcoin, or 75% of [...]
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. BTC/USD 1- [...]
Bitcoin price dips under $23K after earnings report reveals Tesla sold 75% of its BTC
Easy come, easy go was the story on July 20 as the day started on a positive note with Bitcoin (BTC) climbing above $24,300, only to end the official [...]
Tesla sold 75% of Bitcoin holdings in Q2
Electric vehicle maker Tesla sold most of its Bitcoin (BTC) holdings in the second quarter, according to new financial disclosures released on Wednesd [...]
Tesla Sold $936M Worth of Bitcoin in Second Quarter
The price of bitcoin fell about 1.5% to $27,250 following the news.
www.coindesk.com [...]
Tesla Could Face a $460M Impairment Charge on Its Bitcoin Holdings in Q2
The value of the electric automakers’ sizable bitcoin holdings fell significantly in the second quarter.
www.coindesk.com [...]
Index Awaits More Tech Earnings, Tesla Next
Nasdaq (US Tech 100) Earnings and AnalysisNasdaq pushes higher after “less-bad” Netflix resultsNasdaq approaches key resistance ahead of tech heavy e [...]
Tesla can lower car prices if inflation ‘calms down’
Tesla CEO Elon Musk said in a tweet Friday that the electric car company could lower prices if inflation "calms down."The Bureau of Labor Statistics r [...]
Ford’s Mustang Mach-E electric crossover awards could help it take on Tesla
Ford's first real attempt at an electric vehicle has been quite a hit with critics.The Mustang Mach-E replaced the Tesla Model 3 as Consumer Reports' [...]
Toyota joins Tesla and GM in losing federal electric vehicle tax credits
A Toyota bZ4X on display at the New York Auto Show, April 13, 2022.Scott Mlyn | CNBCToyota Motor said it sold its 200,000th plug-in electric vehicle d [...]