web3.0Tesla announced its first quarter financial report: Revenue fails to meet standards! But still no Bitcoin was soldTesla announced its first quarter financial report: Revenue fails to meet standards! But still no Bitcoin was sold
Electric car giant Tesla released its first-quarter earnings report, with performance not meeting market expectations and revenue slightly lower than analysts' forecasts. It is worth noting, however, that Tesla still holds about $1 billion worth of Bitcoin, indicating that the company did not cash out by selling Bitcoin last quarter.
According to Tesla's financial report as of March 31, the company's holdings are worth $951 million, down from $1.076 billion at the end of last year. According to external analysis, this is mainly due to the fluctuations in the price of Bitcoin, rather than the actual trading operations that Tesla has conducted.
According to Bitcoin Treasuries, Tesla currently holds 11,509 bitcoins on its balance sheet.
Blockchain data platform Arkham Intelligence further pointed out that Tesla has not conducted any cryptocurrency transactions in the past three months. The platform currently estimates that Tesla's Bitcoin holdings are worth approximately US$1.049 billion, slightly higher than the values listed in the financial report.
After the implementation of the new accounting standards, the value fluctuations of cryptocurrencies will be more directly reflected in the company's financial reports. According to the latest regulations of the U.S. Financial Accounting Standards Board (FASB), starting this year, companies must record the "fair value" of their cryptocurrencies every quarter, which allows Tesla's financial report to more truly reflect changes in Bitcoin prices.
Revenue failed to meet standards, market response was stable, and stock prices rose slightly after the market
In addition to Bitcoin holdings, Tesla's first-quarter financial report also attracted market attention. Revenue for the quarter was $19.34 billion, lower than market expectations of $21.37 billion, reflecting the challenges facing overall electric vehicle demand.
However, after the news was released, TSLA's share price rose by more than 2% against the trend in after-hours trading, indicating that investors' response to the financial results was relatively calm.
The above is the detailed content of Tesla announced its first quarter financial report: Revenue fails to meet standards! But still no Bitcoin was sold. For more information, please follow other related articles on the PHP Chinese website!
Trend Research Analysis: ETH optimistic forecast is $10,000 in the new cycleMay 14, 2025 pm 10:51 PMSince the entire research report was released on April 24, 2025, TrendResearch has risen from US$1,800 to around US$2,400, with an increase of about 30% in one month. The prediction before the research report was written was even more than US$1,450. As an asset target of a scale of 100 billion, it is a rare opportunity for large funds to achieve high returns in the short term. The main reasons for firmly bullish at that time include: ETH still has stable financial data, and its status as an important infrastructure for encryption has not changed; the short-term high has been greatly adjusted (the decline of more than 60% in four months); the derivatives market has a huge short position, and the bottom spot has risen to an important support and resistance swap area after increasing volume, which is traditional financial
What is Sign Protocol (SIGN)? Guide to getting started with cross-chain verification networksMay 14, 2025 pm 10:48 PMBlockchain technology continues to change the way people exchange value, verify information and build trust online. As decentralized applications flourish in various industries, the ability to confirm statements and identities across multiple blockchains has become increasingly important and complex. Traditional trust models that rely on centralized authority are often insufficient to support a decentralized ecosystem, so the demand for blockchain native verification solutions is also growing. SignProtocol (SIGN) addresses this challenge by providing a framework for creating, verifying, and managing proofs across multiple blockchain networks. SignProtocol aims to create a full chain
Bitget announces VOXEL transaction rollback! The user will be compensated for the lossMay 14, 2025 pm 10:45 PMCryptocurrency exchange Bitget recently announced that it will roll back transactions during this period due to abnormal trading fluctuations in the VOXEL contract market and propose compensation plans. However, the use of the statement "user manipulates the market" in the official announcement has caused doubts about its improper handling of public relations, fearing that this will lead to further expansion of the crisis. The abnormal trading of BitgetVOXEL tokens has caused internal market making concerns between 8:00 and 8:30 am yesterday Beijing time, an abnormal trading event of VOXEL tokens broke out on the Bitget Exchange. The trading volume during this period even exceeded Bitcoin for a time, causing the market to question the transparency of its internal operations. After the incident occurred due to the violent fluctuation of VOXEL token prices, the community began to question the possibility of Bitget
What is KuCoin Exchange? KuCoin novice account registration teaching and security analysisMay 14, 2025 pm 10:42 PMWhat is the KuCoin Exchange? KuCoin Exchange Background KuCoin Exchange Brand Story Is KuCoin Exchange safe? The first step in KuCoin account registration teaching: Register a KuCoin account step in the second step: Complete the third step of identity verification: Start two-step verification and add-on screening: KuCoin's unique GemSPACE summary KuCoin is the top 15 cryptocurrency exchanges in the world. It uses the trading platform of the whole nation as the concept, providing a safe and convenient trading experience. This article will provide you with an in-depth look at the background, security, account opening process and how to leverage KuCoin's unique Ge
What is ALPACA currency? After Binance was removed, the price of the coin soared. What is the future prospect of $ALPACA?May 14, 2025 pm 10:39 PMCatalog ALPACA Coin Latest News and Price Updates What is AlpacaFinance (ALPACA)? How does AlpacaFinance work? What is ALPACA currency? ALPACA Token Economics ALPACA Price Trend Analysis 2025 ALPACA Price Forecast AlpacaFinance (ALPACA) Future Outlook How to buy ALPACA Coin? Summary AlpacaFinance (ALPACA) is a lending protocol on Binance Smart Chain, with the characteristics of leveraged income agriculture. Since Binance announced that it will be removed from AL on May 2
Arthur Hayes analysis: Now may be the last chance to get on the car for Bitcoins under $100,000May 14, 2025 pm 10:36 PMArthur Hayes, the founder of BitMex, who we are familiar with, once again made a statement on the market! This time he said on the X platform: "Seriously, relatives, now may be your last chance to buy Bitcoin below 100,000 yuan." In the Bitcoin rise in the past 30 hours, Arthur Hayes posted: "Just like the Easter Bunny, the price of $BTC will jump five times in a row!" Hayes also revealed that he will release a new article this week, with the theme of "BBCBazooka" and Treasury bond repurchase. ArthurHayes has been predicting a price decline after the price of Bitcoin fell to within 90,000 yuan, but now it has turned bullish. Looking back on his predictions for Bitcoin over the past few months, although specific numbers may
Cardano (ADA) 2025–2028 10x potential analysis: The path to revaluation of smart contract platformsMay 14, 2025 pm 10:33 PMCardano (ADA) 10x potential analysis for 2025–2028: The path to revaluation of value of smart contract platforms The current ADA price is about $0.778. If 10x growth is achieved, the potential price in the future will reach $7.78 and the market value is about $270 billion. This prediction is not a fantasy, but is based on Cardano's strong potential driven by multiple factors such as technological innovation, ecological expansion and market demand. 1. Technology Progress: The Combination of Smart Contracts and Zero Knowledge Proof Since Vasil upgraded, Cardano's smart contract platform Plutu
What currency is SWCH? Is it worth investing? Detailed tutorial on purchasing SWCH coinsMay 14, 2025 pm 10:30 PMCryptocurrency market projects have emerged with the development of blockchain, with the purpose of changing traditional financial practices, and SwissCheese is one of them. It is understood that SwissCheese is a decentralized platform that allows users to trade tokenized stocks, aiming to enhance market access and reduce transaction costs, paving the way for a more inclusive financial environment. The native token of the platform is SWCH, and its main functions are transactions, governance, etc. The project immediately attracted investors' attention after it went online, but only know what currency is SWCH? Can't we analyze that SWCH is worth investing in? Based on the current data, SWCH has a certain
Hot AI Tools
Undresser.AI Undress
AI-powered app for creating realistic nude photos
AI Clothes Remover
Online AI tool for removing clothes from photos.
Undress AI Tool
Undress images for free
Clothoff.io
AI clothes remover
Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!
Hot Article
Hot Tools
Safe Exam Browser
Safe Exam Browser is a secure browser environment for taking online exams securely. This software turns any computer into a secure workstation. It controls access to any utility and prevents students from using unauthorized resources.
ZendStudio 13.5.1 Mac
Powerful PHP integrated development environment
Zend Studio 13.0.1
Powerful PHP integrated development environment
SublimeText3 Chinese version
Chinese version, very easy to use
DVWA
Damn Vulnerable Web App (DVWA) is a PHP/MySQL web application that is very vulnerable. Its main goals are to be an aid for security professionals to test their skills and tools in a legal environment, to help web developers better understand the process of securing web applications, and to help teachers/students teach/learn in a classroom environment Web application security. The goal of DVWA is to practice some of the most common web vulnerabilities through a simple and straightforward interface, with varying degrees of difficulty. Please note that this software
