Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. United States
  4. Nasdaq
  5. Tesla, Inc.
  6. News
  7. Summary
    TSLA   US88160R1014

TESLA, INC.

(TSLA)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Tesla says bitcoin investment worth $2.48 billion

04/28/2021 | 08:14am EDT
FILE PHOTO: A Tesla supercharger is shown at a charging station in Santa Clarita, California

(Reuters) -Tesla Inc said on Wednesday that the fair market value of bitcoin the electric carmaker held as of March 31 was $2.48 billion, suggesting it could stand to make around $1 billion dollars out of the investment were it to cash in the digital currency.

The world's most valuable automaker, which said it had bought or received $1.5 billion in bitcoin by the end of the first quarter, reiterated in its regular report it had trimmed its position by 10% during the quarter.

Tesla said proceeds from sales of digital assets amounted to $272 million with a $101 million "positive impact".

The company added that it recorded $27 million of impairment losses on its bitcoin investment in the three months ended March.(https://bit.ly/2PtMZ5A)

(Reporting by Subrat Patnaik in Bengaluru; Editing by Anil D'Silva)


ę Reuters 2021
All news about TESLA, INC.
09/21EXPLAINER : Why investigators are still probing Takata air bag inflators
RE
09/21A LIFE AND DEATH QUESTION FOR REGULA : Is Tesla's Autopilot safe?
RE
09/21SOCIAL BUZZ : Wallstreetbets Stocks Mostly Gain Ground on Pre-Bell Tuesday
MT
09/21U.S. agency confirms air bag safety probe into 30 million vehicles
RE
09/21Futures bounce 1% after Evergrande-led selloff
RE
09/20Wall Street extends global slump on China fears
RE
09/20SOCIAL BUZZ : Wallstreetbets Stocks Turn Red as Market Sweats China; IronNet Gains
MT
09/20Wall Street ends sharply lower in broad sell-off
RE
09/20S&P 500 down more than 2% as growth worries rise
RE
09/20Wall St tumbles on growth worries; focus turns to Fed
RE
More news
Analyst Recommendations on TESLA, INC.
More recommendations
Financials (USD)
Sales 2021 50 308 M - -
Net income 2021 3 996 M - -
Net cash 2021 8 422 M - -
P/E ratio 2021 202x
Yield 2021 -
Capitalization 732 B 732 B -
EV / Sales 2021 14,4x
EV / Sales 2022 10,6x
Nbr of Employees 70 757
Free-Float 81,0%
Chart TESLA, INC.
Duration : Period :
Tesla, Inc. Technical Analysis Chart | TSLA | US88160R1014 | MarketScreener
Technical analysis trends TESLA, INC.
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 33
Last Close Price 739,38 $
Average target price 686,25 $
Spread / Average Target -7,19%
EPS Revisions
Managers and Directors
Elon Reeve Musk Technoking of Tesla
Zachary J. Kirkhorn Master of Coin
Robyn M. Denholm Chairman
Ira M. Ehrenpreis Independent Director
Antonio Jose Gracias Independent Director
Sector and Competitors
1st jan.Capi. (M$)
TESLA, INC.4.78%731 997
NIO INC.-27.84%57 631
XPENG INC.-14.22%31 312
LI AUTO INC.-6.14%27 345
NIKOLA CORPORATION-29.82%4 252
FISKER INC.-8.74%3 938