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Elon Musk’s Tesla quietly left off US$97m Bitcoin loss in earnings report

Malay Mail LogoMalay Mail11h ago

Elon Musk’s Tesla quietly left off US$97m Bitcoin loss in earnings report - Malay Mail

Quick Summary:

NEW YORK, April 25 — Tesla Inc.concealed a US$97 million (RM424 million) loss from cryptocurrency holdings in its lates...

According to a Bloomberg report, this approach helped offset what was otherwise Tesla’s weakest quarterly performance in years.

Companies are permitted to use non-GAAP metrics to clarify underlying business performance, excluding irregular or non-operating costs.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-25 @ 11:20:18 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 357 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 28203280

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About Malay Mail

Malay Mail Logo

Main Topics: EconomyBusiness

Official Website: malaymail.com

Update Frequency: 8 posts per day

Year Established: 1896

Headquarters: Malaysia

News Last Updated: 3 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #106

Publisher Details

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The story "Elon Musk’s Tesla quietly left off US$97m Bitcoin loss in earnings report" was covered 11 hours ago by Malay Mail, a news publisher based in Malaysia.

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The outlet is headquartered in Malaysia and publishes an average of 8 news stories per day.

It's most recent story was published 3 hours ago.

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  • URL: https://vaccinium.beamstart.com/news/elon-musks-tesla-quietly-left-17455563448933

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