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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 · 1h

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.

Fortune on MSN · 5h

Inside Errol Musk’s foray into the volatile world of memecoins

Are you tired of memecoins yet? Donald Trump and the First Lady each have one. Hawk Tuah girl has (had) one. And now, a Musk has one. No, not that Musk. Papa Musk, a.k.a. Elon’s dad. Errol Musk is the latest entrant into the memecoin bonanza,

Business Insider · 9h

Elon Musk’s Dad Eyes $200M Raise From 'MUSK IT' Memecoin to Go ‘Beyond Rockets’

Elon Musk’s dad is promoting a memecoin that capitalizes on the family name to raise upto $200 million for various engineering projects, despite

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 ...

The Tesla Space on MSN4d

Is Elon Musk Secretly Buying Bitcoin?

Is Elon Musk Secretly Buying Bitcoin? Elon Musk has been pumping Doge, or Dogecoin, for a little while now, but recently ...

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 ...

1don MSN

Inside Trump's crypto court: Elon Musk, Sam Altman, Peter Thiel and their battle for Bitcoin domination

Donald Trump will be the first president to fully embrace digital currencies — and he’s already anointed his crypto princes ...

Grayscale launches dogecoin-focused fund as altcoin adoption picks up pace

Grayscale Investments said on Friday it was launching an investment fund aimed at dogecoin, as the cryptocurrency asset ...

2hon 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 ...

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