Elon Musk’s Tesla Reports Bitcoin Gain Of $589 Million Following US Accounting Rule Change
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Bitcoin boosts Tesla profits by almost $600 million after accounting rule change
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Elon Musk's Tesla Records $600 Million In Paper Gains On Bitcoin In Q4 Thanks To New Accounting Rule
Donald Trump will be the first president to fully embrace digital currencies — and he’s already anointed his crypto princes
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Altman and Musk were OpenAI’s founding co-chairs in 2015, but their relationship has devolved into name-calling and lawsuits.
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‘Direct line’ to Trump: Ruhle on Elon Musk, Mark Zuckerberg, Jeff Bezos on inauguration stageStephanie Ruhle reacts to tech billionaires Elon Musk, Mark Zuckerberg and Jeff Bezos sitting right behind President Trump during the inauguration, closer to him than his cabinet.
Meta agreed to a $25 million settlement over a 2021 lawsuit President Donald Trump brought against Meta for suspending his accounts after the January 6th insurrection at the US Capitol. The Wall Street Journal was the first to report the news, and Meta spokesperson Andy Stone confirmed the settlement to The Verge.
Elon Musk plans to review clemency for Bitcoin Jesus Roger Ver, echoing Ross Ulbricht’s pardon and igniting debates on privacy and justice.
A recent change in the rules for how companies account for digital assets led Tesla to report a $600 million mark-to-market gain.
Tesla overall reported adjusted EPS of $0.73 in the fourth quarter, missing estimates for $0.76. The gain on its bitcoin holdings was for GAAP purposes and would have had no effect on adjusted EPS. Shares are higher by 3.5% in after hours trading.
A week ago, the US tech sector seemed untouchable as it stood at the President’s shoulder. Today? Not so much.
One of the inauguration’s most enduring images is that of tech billionaires — including Google’s Sundar Pichai, Meta’s Mark Zuckerberg, Amazon’s Jeff Bezos and Tesla’s Elon Musk — arrayed obediently behind Trump. It says a lot about how Trump will govern, effectively allowing CEOs to draft their own laws and industry regulations.
An expansive and exclusive Nevada resort that has been branded Las Vegas' answer to President Donald Trump 's infamous Mar-a-Lago estate in Florida has hit the market for $21 million—offering a rare opportunity for one budding business magnate to build out their own real estate legacy out west.
In this article, we will discuss about the best crypto books which help you to understand cryptocurrency concepts and analyze market trends in 2025.
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