
Tesla Inc. reported a substantial financial boost from its Bitcoin investments, with a notable $600 million profit attributed to its holdings. This figure represents approximately 25% of the company's earnings, which totaled $2.4 billion for the fourth quarter of 2024. Additionally, Tesla earned a record $2.8 billion in 2024 from selling carbon credits. The company's annual report, filed recently, indicated that its Bitcoin holdings contributed to a $523 million income improvement. Furthermore, it was noted that more than half of Tesla's net profit for the fourth quarter was derived from gains related to Bitcoin and regulatory credits. The new accounting rules have allowed Tesla to recognize a total of $1 billion from Bitcoin on its balance sheet, which accounted for about 9% of its total profits for the year, reported at $7.1 billion. Analysts caution that any significant decline in Bitcoin's value could adversely affect Tesla's financial performance in 2025.
27% of $TSLA’s earnings came from unrealized crypto gains 👀 https://t.co/arTiEKUuCu
$TSLA $BTC holdings Due to NEW accounting rules; Bitcoin added up to $1 billion on the balance sheet of profits. That represented roughly 9% of Tesla’s $7.1 billion in profits for 2024. Meaning any major 📉 in BTC & Tesla numbers would be hit even harder in 25 https://t.co/NeFAXkyFli
Tesla sees $600m bitcoin surge after new digital assets rule https://t.co/DlWega3EDl



