Tesla Sells Bitcoin for $64M Profit, Still Posts $170M Impairment Loss
By / July 26, 2022, 2:54 am EDT

Tesla made millions when it offloaded 75% of its bitcoin last quarter, but accounting rules mean it still took a hit to its balance sheet

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Elon Musk: Tesla’s Bitcoin Sale Not a Verdict on the Asset
By / July 21, 2022, 8:31 am EDT

The company offloaded 75% of its bitcoin holdings in the second quarter to boost its liquidity

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Bitcoin Burdens Balance Sheets of Tesla, Block, MicroStrategy and More
By / July 4, 2022, 2:29 pm EDT

Major stocks led by crypto bulls Elon Musk, Jack Dorsey and Michael Saylor are together down more than $2 billion on their bitcoin to date

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Tesla ‘Believes in the Potential of Digital Assets,’ SEC Filing Reveals
By / May 2, 2022, 12:09 pm EDT

After over a year of Elon Musk’s public love-hate relationship with crypto, Tesla has taken a more favorable stance

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Tesla Has Not Bought or Sold Crypto Since Q1 2021
By / April 20, 2022, 6:04 pm EDT

Tesla exceeded revenue expectations in its latest earnings report, no thanks to its crypto holdings

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Blockstream and Block Enlist Tesla, Break Ground on Bitcoin Mine
By / April 8, 2022, 1:58 pm EDT

The mine, first announced in June 2021, will be powered by Tesla’s solar array and Megapack battery

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Tesla Launches Dogecoin Payments in Online Shop, Price Jumps 17%
By and / January 14, 2022, 3:37 am EST

Customers can now opt to pay for a cyberquad, a cyberwhistle and a belt buckle using dogecoin

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Ether All-time High as Total Market Cap Nears $3 Trillion
By / November 8, 2021, 7:48 am EST

A 7% surge in BTC coupled with a new high in ETH pushed the total digital asset market cap to new heights.

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Tesla Leaves Door Open for Resumption of Cars-for-Crypto
By / October 26, 2021, 5:36 am EDT

10-Q filing published Monday hints at Tesla resuming bitcoin as a payment method.

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Musk: Tesla Likely to Resume Bitcoin Payment System
By / July 21, 2021, 4:46 pm EDT

Tesla buyers will be able to pay using bitcoin once 50% of mining energy comes from renewables, Musk said Wednesday.

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