Tag: Tesla

Tesla’s Decision to Dump Bitcoin Last Year Ended Up Costing the Firm $500 Million

Since Tesla announced its estimated $1 billion in BTC sales in July 2022, the price of bitcoin has increased by more than 50%. In...
Cryptocurrency

Tom Zhu, Tesla’s China Managing Director, Succeeds After Elon Musk in the Highest-ranking Executive Position

Tom Zhu, the manager of Tesla's Chinese outlet, has been promoted to the position of highest-profile executive behind Elon Musk. Zhu will reportedly assume...
Cryptocurrency

The Stock of Tesla is on Track to Have Its Worst Month, Quarter, and Year

Tuesday was a particularly rough day for Tesla investors, as the company's shares ended the day down 11%. Elon Musk's electric vehicle firm is...
Finance

Unusual $600k Elon Musk’s Marketing Ploy With Crypto Monument Flops

Tesla CEO Elon Musk has seemingly given the cold shoulder to a $600,000 monument of him in goat form — which was created as...
Cryptocurrency

Following Elon Musk’s Electric Vehicle Company’s Decision To Lower Prices In China, Tesla Shares Dropped By 3% In Premarket Trading

After the company announced that it would reduce the price of some of its vehicles in China, Tesla shares dropped during premarket trading on...
Finance

In The Third Quarter, Tesla Kept All Of Its Remaining $218 Million In Bitcoin

Tesla, a manufacturer of electric vehicles, did not make any further adjustments to its remaining stash of Bitcoin during the third quarter of 2022,...
Finance

On Tesla’s Earnings Call, Elon Musk Discusses The Takeover Of Twitter And The Possibility Of A Recession

Following the closing bell, Tesla announced its earnings for the third quarter, and during the subsequent earnings call, company executives addressed a wide range...
Finance

In the most recent SEC filing, Tesla discloses Bitcoin holdings worth $222 million

Tesla Inc. submitted its second-quarter earnings report to the Securities and Exchange Commission (SEC) on Monday. According to Bitfinsider, the company explained that it converted...
Cryptocurrency

Tesla Sold 75% Of Its Bitcoin Holdings Worth $936 Million And Experts Explain What Does This Mean

The transaction "should not be taken as a verdict on Bitcoin," according to Telsa CEO Elon Musk, who added that the company is "certainly...
Cryptocurrency

As the crypto winter drags on, Tesla’s Bitcoin Investment declines by $440 million

On February 8, Tesla announced that it has bought $1.5 billion worth of bitcoin.  The US Securities and Exchange Commission was informed of the...
Cryptocurrency

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