Tesla Made No Changes to Its Bitcoin Holdings in Third Quarter Bitcoin HEAD TOPICS

Tesla Made No Changes to Its Bitcoin Holdings in Third Quarter

10/22/2022 4:05:00 PM

The electric car company did not buy or sell any bitcoin in the quarter after selling 75% of its holdings in the second quarter

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.Telsa held onto its bitcoin in the third quarter, with no new buys. It’s a stark contrast to the second quarter where the electric car company sold off 75% of its holdings. The electric car company did not buy or sell any bitcoin in the quarter after selling 75% of its holdings in the second quarter . The company said it realized a gain of $64 million on the sale of its holdings in the second quarter, which was offset by impairment charges of $170 million on the remainder of its bitcoin, resulting in a net cost of $106 million on its profit and loss statement. In February 2021, Tesla announced it hadpurchased $1.5 billion worth of bitcoin, a move that caused the price of bitcoin to surge. Later in that first quarter the company trimmed its bitcoin position by 10%, a sale that boosted that quarter’s earnings by $272 million. It had not bought or sold any more bitcoin until this year’s second quarter. Read more:
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On Saturday's 'Wake Up America,' Neil Chatterjee slams President Joe Biden's energy policies ahead of the midterm elections.Watch Newsmax on Directv 349, Xfi... Read more >> telsa It would be stupid to sell at these low prices telsa who cares? telsa telsa made 200 followers out of nothing gg telsa I’ve always wanted to drive a Telsa!😬 telsa You mean Tesla telsa Smart move by Elon telsa who tf is telsa? The 75 Soft Challenge Is the 75 Hard Challenge's Younger, Nicer CousinThe 75 Soft challenge is a more realistic version of the 75 Hard challenge. Read on for the 75 Soft challenge rules. Elon Musk Plans to Cut 75% of Twitter Workforce: ReportAccording to a report by The Washington Post, the executive will leave only a skeleton crew in place if and when he purchases the social media giant. Elon, do what your f***ing money could do for you and get lose from the Earth in one of your spacecraft, man. Kind of good step. I think it will also be ok to keep a productive team of 200 - 300 employees that just focus on delivering a great product rather than having useless meetings. Report: Elon Musk plans to cut 75% of Twitter workforceElon Musk plans to lay off most of Twitter’s workforce if and when he becomes owner of the social media company, according to a report Thursday by The Washington Post. like back to when Twitter was cool? Report: Elon Musk plans to cut 75% of Twitter workforceElon Musk plans to lay off most of Twitter’s workforce if and when he becomes owner of the social media company, according to a report Thursday by The Washington Post. Twitter tells staff no layoffs are planned, following reports Musk will axe 75% after takeoverTwitter Inc. undefined has reportedly told staff there are no layoffs planned after a separate report that Tesla CEO Elon Musk would cut 75% of the... Are firings considered layoffs All this because a billionaire’s feelings got hurt on Twitter. Not for another 8 days Elon Musk plans to cut 75% of Twitter workforce, report saysElon Musk tells prospective investors that he plans to cut nearly 75% of Twitter’s employee base of 7,500 workers, leaving only a skeleton crew. He’s the worlds largest Russ Ian asset 🤣😭👏🏼👏🏼👏🏼🙌🏼 And zero advertisers the previous three quarters .75 Soft .that he plans to cut nearly 75% of Twitter’s employee base of 7,500 workers, leaving the company with a skeleton crew, according to the report.prospective investors in his Twitter purchase  that he plans to cut nearly 75% of Twitter’s employee base of 7,500 workers, leaving the company with a skeleton crew, according to the report. The company said it realized a gain of $64 million on the sale of its holdings in the second quarter, which was offset by impairment charges of $170 million on the remainder of its bitcoin, resulting in a net cost of $106 million on its profit and loss statement. In February 2021, Tesla announced it had purchased $1. What Are the Differences Between 75 Hard and 75 Soft? The main difference between these two challenges is that the steps included in 75 Soft are far more achievable and they don't include an emphasis on how one's body will look at the end of the 75 days.5 billion worth of bitcoin , a move that caused the price of bitcoin to surge. While job cuts have been expected regardless of the sale, the magnitude of Musk’s planned cuts are far more extreme than anything Twitter had planned. Later in that first quarter the company trimmed its bitcoin position by 10%, a sale that boosted that quarter’s earnings by $272 million. Here are the differences between the two. It had not bought or sold any more bitcoin until this year’s second quarter. “A 75% headcount cut would indicate, at least out of the gates, stronger free cash flow and profitability, which would be attractive to investors looking to get in on the deal,” said Wedbush analyst Dan Ives. Overall for the third quarter, Tesla reported adjusted earnings per share of $1. Follow a diet, with no alcohol and no cheat meals: The diet can be anything you choose, whether it's Whole30, vegetarian, plant-based, pescatarian, gluten-free, Paleo, no sugar, low-carb — you choose, but there has to be a physical improvement in mind. “That said, you can’t cut your way to growth.05, beating the consensus of analyst estimates reported to FactSet of $1.00 a share, on revenue of $21. The point is to teach you how to stay focused on the goals you set.45 billion, shy of a $21. With as drastic a reduction as Musk may be planning, the platform could quickly become overrun with harmful content and spam — the latter of which the Tesla CEO himself has said he’ll address if he becomes owner of the company.98 billion estimate. You could do a strength-training workout at the gym, then take a 45-minute walk outside. After his initial $44 billion bid in April to buy Twitter, Musk backed out of the deal, contending Twitter misrepresented the number of fake “spam bot” accounts on its platform. Shares of Tesla were falling just over 4% to $212.83 in after-hours trading Wednesday. You can even work out longer than 45 minutes. Otherwise, there will be a trial in November. A company call with analysts is scheduled for 5:30 p.m. The point is that you can't always control the weather, just like you can't always control things in your life. ET (21:30 UTC). Most Read. UPDATE (Oct. Drink more than three liters of. 19, 20:31 UTC): Added information on impairment charges and Tesla's overall results and share price. Read more about .