Bitcoin boosts Tesla profits by almost $600 million after accounting rule change
Elon Musk's EV maker invested $1.5 billion in bitcoin in early 2021. Companies can now record paper gains on cryptocurrencies as net income.
Want to work with Elon Musk? DOGE announces full-time jobs; check job openings, eligibility criteria, and other information
Elon Musk's Department of Government Efficiency (DOGE) is recruiting top talent to enhance efficiency and eliminate wasteful spending in the US government. DOGE targets areas like coin production ...
Elon Musk's Tesla Records $600 Million In Paper Gains On Bitcoin In Q4 Thanks To New Accounting Rule
Electric vehicle behemoth Tesla Inc. (NASDAQ:TSLA) reported an unrealized gain of $600 million on its cryptocurrency holdings ...
coinspeaker18h
Elon Musk’s Grok Makes Shocking Revelation About XRP While this Ripple Rival Rises
RCO Finance (RCOF), an emerging AI altcoin, has positioned itself for further growth after raising over $12 million during ...
Fact Check Team: Elon Musk's department suggests cutting penny production to save costs
The newly formed Department of Government Efficiency, led by Elon Musk, is proposing a reduction in penny production as a ...
CoinDesk19h
Tesla Marked Up Bitcoin Holdings Valuation in Q4, Booking a $600M Gain
Tesla overall reported adjusted EPS of $0.73 in the fourth quarter, missing estimates for $0.76. The gain on its bitcoin ...
The Problem With $TRUMP
Leaving aside the technical substrate, there is arguably little difference between $TRUMP and the president posting a deposit ...