Tesla News

Follow Tesla news on Bitcoin holdings, market disclosures, tech developments, earnings impact, and corporate crypto strategy.

Trading

Tesla reportedly lost $106M to Bitcoin volatility in Q3

Tesla sold Bitcoin worth $64 million in the third quarter to limits its net losses to about $106 million.

3 years ago

Adoption

Dogecoin utility expands with ‘Teslas in Tunnels’ from the Boring Company

Elon Musk said Dogecoin is a better payment token than Bitcoin and added that it can be used to pay for underground travel around Las Vegas.

3 years ago

Bear Market

Tesla, MicroStrategy, Block’s bet on Bitcoin leads to $5B loss on books in Q2

Bitcoin's 59% decline during the second quarter resulted in significant losses for Tesla, MicroStrategy and Block based on their previous holdings disclosure.

3 years ago

Memecoins

Tesla breaks even on Bitcoin sale, Musk confirms no Dogecoin was sold

The crypto community responds negatively to the Bitcoin sale, but Tesla retains 10,500 BTC and Elon Musk said he's open to buying more in the future.

3 years ago

Investments

Tesla has sold 75% of its Bitcoin holdings, earning $936M

Tesla revealed that its Bitcoin trade brought $936 million to its balance sheet.

3 years ago

Mining

Block, Blockstream and Tesla partner up to create eco-friendly mining farm powered by the sun

Mining companies Block and Blockstream are setting up a joint mining facility and are using Tesla's solar energy storage facility Megapacks for power.

4 years ago