Stockreport
Tesla's Bitcoin Bet Pays Off: Investment Surpasses $1 Billion Amid Price Surge [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Initially purchased for $1.5 billion in February, Tesla's assets have appreciated, resulting in a $495 million gain as Bitcoin prices rise. Tesla's entry into the Bitcoin market successfully institutionalized the cryptocurrency within the broader blockchain economy. The company became one of the largest institutional investors in Bitcoin after CEO Elon Musk expressed his support for digital assets, which helped fuel Bitcoin's price surge. While Tesla sold some of its Bitcoin holdings in 2021 and 2022, it still retains a significant portion of the cryptocurrency, which has proven to be highly profitable as Bitcoin's value continues to increase. This appreciation boosts Bitcoin's value on Tesla's balance sheet, reinforcing its utility as an inflation hedge. Moreover, Tesla's continued commitment to Bitcoin signals a larger trend of businesses experimenting with digital currency investments. Tesla's early investment not only brings financial benefits but also spurs further institutio
[Read more]
| IMPACT SNAPSHOT | EVENT TIME: | TSLA | ||||
|---|---|---|---|---|---|---|
|
Last Price
|
Price Change
|
Price Change %
|
Volume Shares
|
Max Up
|
Max Down
|
Volume Ratio
%
|
Performance comparison
Updated
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| LAST PRICE | ||
| VWAP | ||
|
High:
|
MAX UP |
High:
|
|
Low:
|
MAX DOWN |
Low:
|
|
%
|
POST NEWS RANGE |
%
|
|
|
PRICE CHANGE |
|
|
|
PRICE CHANGE PERCENTAGE |
|
|
|
S&P 500 (SPX) |
|
|
%
|
VOLUME RATIO |
%
|
| VOLUME (SHARES) | ||
| TICKS | ||
|
|
AVG SHARES PER TRADE |
|
Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Be the first to know
Opt in for alerts from News Quantifed
Opt-in for
TSLA alerts
TSLA alerts
from News Quantified
Movers & Shakers
The biggest gainers and losers and WHY it moved
TSLA alerts
High impacting Tesla, Inc. news events
Weekly update
A roundup of the hottest topics
TSLA
NEWS
NEWS
- Dollar Rises With December Fed Cut Now in Doubt: Markets Wrap [Yahoo! Finance][Yahoo! Finance]
- Why Musk supports Trump getting rid of EV tax credits [Business Insider][Business Insider]
- Tesla and Other EV Stocks Drop on Reports Trump Team Plans To Kill Tax Credit [Yahoo! Finance][Yahoo! Finance]
- Why Tesla Stock Was Sliding Today [Yahoo! Finance][Yahoo! Finance]
- Trump to Sunset EV Tax Credit: Should Tesla Investors Be Worried? [Yahoo! Finance][Yahoo! Finance]
- More
TSLA
SEC Filings
SEC Filings
- 11/13/24 - Form 4
- 11/13/24 - Form 4
- 11/8/24 - Form 144
- TSLA's page on the SEC website
- More