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Tesla Posts Q1 2023 Report Sees Earnings Slide Over 20% YoY

EV giant Tesla experienced a drop in Q1 2023 earnings due to underutilized new factories and higher production costs.

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Tesla's Bitcoin Purchase Anniversary: How the Automaker Went From $1.5 Billion Holdings to $225 Million

Tesla's current bitcoin holdings are only worth $225 million, that's 33% less than the value of its purchase in 2021.

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Elon Musk's Tesla Suffered Multi-Million Loss From Bitcoin Holdings In 2022

In a filing with the Securities and Exchange Commission on Jan. 31, Tesla disclosed that it had recorded a gross impairment loss of $204 million to Bitcoin in 2022.

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HODL: Elon Musk's Tesla Made No Changes To $218M Bitcoin Holding In Q3 2022

The sale of the BTC "should not be taken as some verdict on bitcoin," Musk said after Tesla sold 75% of its BTC holdings in Q2 2022.

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Musk Reveals Crypto Asset He 'Mainly' Supports Following Tesla's Bitcoin Dump

Musk mentioned that "the actual total transactional throughput capability" of the crypto asset he is supporting "is much higher than Bitcoin."

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