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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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