$TSLA Earnings on October 20, reaches $900?
@aquiba has written about the interesting way Tesla reports bitcoin on their financial statements.
Only realized (sold) gains and losses from Bitcoin are recognized on Tesla’s Profit and Loss Statement.
The unrealized (unsold) gains and losses are ignored from Tesla’s financial statements.
So as far as the financial statements are concerned, the headline is a little misleading, because Bitcoin wouldn’t be realized as ‘profit’ unless it had been sold.