Tesla has no longer acted cryptocurrency for a year, as its latest profit report shows. The company currently has digital assets worth $ 1.26 billion since Tesla since Tesla in the first quarter of 2021 in the amount of $ 1.5 billion, it has avoided to do further business with digital assets. In the first quarter, the electric car company reported an inventory of digital assets of $ 1.26 billion US dollar results report on Wednesday, almost unchanged compared to its stocks at the end of the fourth quarter of 2021. Tesla had no longer bought or sold crypto-assets since the first quarter of 2021, it says in ...
Tesla has no longer bought or sold cryptos since Q1 2021
Tesla has no longer traded cryptocurrency, as his latest winning report shows
The company currently has digital assets worth $ 1.26 billion
Since Tesla did its Bitcoin investment of $ 1.5 billion in the first quarter of 2021, it has refrained from doing further business with digital assets.
The electric car company reported an inventory of digital assets of $ 1.26 billion $
?xseo=&response-content-disposition=inline%3D%222Sla- Q1-202-update. Wednesday, almost unchanged compared to its holdings at the end of the fourth quarter of 2021.
Tesla have no longer bought or sold crypto-assets since the first quarter of 2021, according to the explanations. Since then, all changes in the existing value of the company's digital assets have been due to price fluctuations. In the third quarter of 2021, Tesla reported a loss of $ 51 million as a "Bitcoin-related impairment", a necessary disclosure in order to reflect a decline in the price of the greatest cryptocurrency.
In the first quarter of 2022,
Tesla reported sales of $ 18.76 billion and thus exceeded the expected $ 17.80 billion. The income from automobiles accounted for $ 16.86 billion, an increase of 87 % compared to the previous year.
The result report comes, while the hate love of Tesla CEO Elon Musk continues to take cryptocurrencies on the public stage.
in March 2021, one month after Teslas Bitcoin purchase, Musk announced via Twitter that the company would accept Bitcoin as a means of payment. Less than two months later, also in a tweet, Musk contradicted his previous statement and revealed that Tesla Bitcoin would not accept due to the environmental impact of cryptocurrency.
In July, Musk made it clear that if the Bitcoin mining moves in a sustainable direction, he would consider adding it as a payment method. In October, the company confirmed that it left the door open for crypto payments SEC-Environment .
In January 2022, Musk showed his interest in another cryptocurrency - the so -called meme coin Dogecoin. Tesla now accepts payments in Dogecoin on his Online shop for selected articles.
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The contribution "Tesla has not bought or sold" Krypto since Q1 2021 "is not a financial advice.
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