US EditionElon Musk-Led Tesla Reports $125 Million In Unrealized Losses On Bitcoin After Top Crypto Drops 12% In Q1
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.8 Articles
8 Articles
Tesla reports a loss of USD $125 million for the valuation of its 11,509 Bitcoins in Q1 2025, impacting its financial results. *** Tesla lost USD $125 million for the market valuation of its Bitcoins, against a gain of USD $335 million in Q1 2024. The company maintains 11,509 BTC at a cost of USD $386 million, without selling its holdings. The adoption of ASU 2023-08 (accountability) reflects Tesla’s commitment to transparency in digital assets.…
Musk Returns to Tesla and Promises Not to Sell the Company's Bitcoin Reserve
Tesla continues to hold onto its Bitcoin holdings, with Elon Musk promising to focus more on the company and less on his job in the Trump administration. The automaker's stock reacted to the news by rising despite disappointing first-quarter financial results. Musk's announcement to reduce his involvement with the Department of Government Efficiency (DOGE) was the main catalyst for Tesla's share price to surge 5.4% in the April 22 after-hours tr…
Tesla Records $125 Million In Bitcoin Losses Amid Crypto Dip
Electric car giant Tesla Inc. said on Tuesday that it lost money on its crypto investments in the first quarter, even though it did not buy or sell any Bitcoin during that time. What happened: Tesla’s financial statement revealed $951 million in crypto assets, which dropped 11.6% from the previous quarter, based on the company’s after-hours earnings release. The company also mentioned a loss based on the current market value of its cryptocurren…
Elon Musk mocks crypto scams with a viral message! The eccentric multimillionaire Elon Musk has once again become the focus of attention, this time making an ingenious mockery of the scams that proliferate in the world of cryptocurrencies. His message quickly went viral, highlighting once again his ability to capture mass attention on the internet. Musk’s message, which refers to how some people fall into cryptocurrencies scams, has resounded wi…
BizToc
CryptoPanicElon Musk-Led Tesla Reports $125 Million In Unrealized Losses On Bitcoin After Top Crypto Drops 12% In Q1
Electric vehicle juggernaut Tesla Inc. (NASDAQ:TSLA) reported losses on cryptocurrency investments in the first quarter on Tuesday, while its Bitcoin (CRYPTO: BTC) stash remained unchanged. What happened: Tesla's balance sheet showed $951 million in digital assets, down 11.6% from the last…
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
