1 Feb, 2023
Tesla lost $140m on Bitcoin in 2022
Elon MuskTesla Inc.Financial Report0 Comments
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Mark Devlin
Mark Devlin2023-02-02 02:06:542023-02-02 02:06:54Tesla lost $140m on Bitcoin in 2022
According to SEC filings, Tesla lost $140m on its Bitcoin investments in 2022, losing $204m overall, although it gained back $64m through trading. The company holds $184m in Bitcoin, having offloaded most of its initial £1.5 billion purchase a few weeks after it was purchased in early 2021.