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Elon Musk's Tesla Reports Bitcoin Gain Of $589 Million

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.

Hosted on MSN · 1d

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 in the fourth quarter. What happened: Tesla’s balance sheet showed $1.07 billion in digital assets,

Inside Bitcoins · 1d

Elon Musk’s Tesla Reports Bitcoin Gain Of $589 Million Following US Accounting Rule Change

Electric vehicle manufacturer Tesla reported a $589 million gain from its Bitcoin holdings after an accounting rule change in the US.

Elon Musk's Dad Eyes $200M Raise From 'MUSK IT' Memecoin

Newsweek · 3h

Elon Musk's Father Launches Own Meme Coin

Errol Musk said the coin, the price of which has surged in the past 24 hours, would fund a new academic institute in Dubai.

Inside Bitcoins · 4h

Elon Musk’s Dad Seeks $200 Million For Think Tank Via “Musk It” Meme Coin That’s Soared 512%

Elon Musk’s father Errol Musk hopes to raise $200 million for a new Think Tank by backing a meme coin called Musk It.

invezz on MSN · 7h

Errol Musk-backed ‘Musk It’ meme coin eyes $200M funding

Memecoins have once again captured the crypto world’s attention, but this time it’s not Elon Musk making headlines—it’s his father, Errol Musk. The 77-year-old has endorsed “Musk It,” a meme-based cryptocurrency that aims to raise between $150 million and $200 million.

Leak Reveals Musk’s Doge Could Be About To Trigger A Bitcoin-Inspired Price Game-Changer

A leak has revealed Elon Musk could be planning to use bitcoin-inspired blockchain technology to power his Doge ...

decrypt3d

'Bitcoin Jesus' Roger Ver Begs Trump for Pardon—But DOGE Chief Elon Musk Says Nope

DOGE boss Elon Musk said that Bitcoin icon Roger Ver, who's facing tax evasion charges, won't be eligible for a Trump pardon.

Cryptopolitan on MSN5d

Elon Musk is bringing the blockchain to his D.O.G.E department

Looks like Elon Musk is taking blockchain to Washington via his infamous Department of Government Efficiency (D.O.G.E).

Internet of People3d

Elon Musk doesn’t think Roger Ver should get a presidential pardon

Elon Musk, Tesla and SpaceX CEO, has said that early Bitcoin investor Roger Ver shouldn’t get a presidential pardon from ...

AFP on MSN8d

Musk seeks Trump pardon for 'Bitcoin Jesus,' charged with fraud

Elon Musk said Tuesday he was exploring a presidential pardon for "Bitcoin Jesus," who was arrested last year on fraud and ...

3hon MSN

‘Sustainable Transport Is Inevitable’ Says Musk While Trump Continues Trashing EV Support

Good morning! It’s Friday, January 31, 2025, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you ...

cryptopolitan4h

Grayscale launches a new Dogecoin Trust, to be converted into ETF

Grayscale Investments launched its newest crypto product today: the Grayscale Dogecoin Trust. It’s a major step for the token that started as a joke and ended ...

12h

Tesla Inc (TSLA) Q4 2024 Earnings Call Highlights: Record Deliveries and Strategic Investments

Tesla Inc (TSLA) reports record vehicle deliveries, significant investments, and plans for future growth amid challenges in ...

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