Tesla incurs $204M loss from bitcoin in 2022

  • Tesla recorded a $204 million impairment loss in 2022 on its bitcoin holdings.
  • The automaker also made $64 million in profits from bitcoin trading.
  • Tesla had invested $1.5 billion in bitcoin during the first quarter of 2021.
  • This resulted in a net loss of $140 million for the automaker.


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