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Contrary to popular belief, the filing shows Tesla recorded $68M in profit from BTC sale

Tesla has recently been the talk of the town within the crypto community. The electric vehicle company dumped about 75% of its BTC holdings despite CEO Elon Musk claiming the firm has “diamond hands” last year, sparking reactions and the belief that the company’s BTC bet was a fiasco, considering current market conditions. However, a […] дальше »

2022-8-23 16:17


Crypto Tidbits: Elon Musk Pokes Bitcoin Bear, Japanese Giants Delve Into Cryptocurrency Mining, Baidu’s Blockchain Beta

Another week, another round of Crypto Tidbits. The second week for the year 2020 was a lot more exciting for Bitcoin and the broader cryptocurrency space than the first. Per data from Coin360, the leading digital asset, BTC, gained 10% on the week, hitting $8,160 as of the time of writing this. дальше »

2020-1-12 02:00


There’s a $1.6 Billion Problem with Elon Musk’s Plan to Close Tesla Stores

In a complete reversal, Tesla revealed that it would work to move all sales online, just a year after touting the expansion of Tesla stores and galleries. Tesla Backtracks on Retail Store Expansion The 2017 annual report published in February 2018 read: “Our Tesla stores and galleries are highly visible, premium outlets in major metropolitan markets, some of which combine retail sales and service. дальше »

2019-3-11 02:00


Tesla Worries Wall Street as Employees are Blindsided by Store Closures

Last week, Tesla CEO Elon Musk slashed the price of the Model 3 to $35,000 as a part of a larger strategy to compete against conventional car makers and increase profitability. In a letter sent to employees, Musk disclosed that the company generated its first profit in the third quarter of last year and will prioritize financial stability in the years ahead. дальше »

2019-3-5 16:41