Tesla make 1 billion profits from it Bitcoin holding

[AakZaki]

A company the size of Tesla with a profit of 1 billion is still relatively small. Tesla may have its own targets and still hold the Bitcoins they buy.
Tesla makes a big impact when it comes to investing in bitcoin. This proves Bitcoin to be a valuable asset.
With Tesla's current profit, I think their target is more than that.

[ultrloa]

A company the size of Tesla with a profit of 1 billion is still relatively small. Tesla may have its own targets and still hold the Bitcoins they buy.
Tesla makes a big impact when it comes to investing in bitcoin. This proves Bitcoin to be a valuable asset.
With Tesla's current profit, I think their target is more than that.

That's why they love to manipulate so that they can increase the size of their holdings and this one should be look up since they are pretty serious upon dealing or holding with bitcoins. And I will not surprise in future if Elon will be back again and do his nasty attempts with bitcoin so hopefully no one take their manipulative tactics in future so that we will not see anything bad effects to the market.

[no-ice-please]

Wouldn't it be public anyway whether Tesla holds Bitcoin or not? As a publicly listed company they would owe that information to investors/potential investors if I am not mistaken? Especially as Bitcoin is a highly speculative asset I would think that owning Bitcoin would at least require a note in their financial reporting.

"Operating income increased substantially YoY mainly due to vehicle volume growth and cost reduction. Positive impacts were partially offset by ASP decline, growth in operating expenses, lower regulatory credit revenue, additional supply chain costs, Bitcoin-related impairment of $51M and other items"

This was written on telsa financial report of Q3 this year, they mentioned bitcoin in their financial summary.

Reference : https://ir.tesla.com/#tab-quarterly-disclosure

Ok interesting that they put it that way, but I believe if someone wanted to they could certainly find out how many of the assets Tesla holds actually is in digital assets or currencies. I would at least have thought so. Maybe I am wrong and they can indeed disguise how many Bitcoin they hold.

[finaleshot2016]

As Bitcoin price relies on around $58,000 investors are already recording their profits and one among them is Tesla, a company own and operated by Elon Musk a popular cryptocurrency whale. The company bought 43,200 Bitcoins sometime in February 2021 have yielded a 65% that is 1 billion dollars profits at the present Bitcoin price.
Credit: https://cointelegraph.com/news/elon-musk-s-tesla-is-already-1-billion-in-profit-from-holding-bitcoin

Imagine you bought a lot of bitcoin, then Elon Musk caused a fud due to energy consumption, then there was a recovery and a new all-time high rn, but the Tesla firm still made a lot of money.

Sometimes I wonder whether this is all calculated and analyzed because Tesla and Elon Musk are doing so well in the crypto world.

[no-ice-please]

As Bitcoin price relies on around $58,000 investors are already recording their profits and one among them is Tesla, a company own and operated by Elon Musk a popular cryptocurrency whale. The company bought 43,200 Bitcoins sometime in February 2021 have yielded a 65% that is 1 billion dollars profits at the present Bitcoin price.
Credit: https://cointelegraph.com/news/elon-musk-s-tesla-is-already-1-billion-in-profit-from-holding-bitcoin

Imagine you bought a lot of bitcoin, then Elon Musk caused a fud due to energy consumption, then there was a recovery and a new all-time high rn, but the Tesla firm still made a lot of money.

Sometimes I wonder whether this is all calculated and analyzed because Tesla and Elon Musk are doing so well in the crypto world.

It was to expected that they do well. Given the size of their company, but even more important the image of Elon Musk, everything that is put into one sentence with Tesla and Elon turns into gold more or less. That's because Elon by now has proven he is able to pull off quite a couple of things at the same time which nobody has ever done before him.

I wouldn't even call it manipulation to a full degree. If you are a man with such a net worth, reputation, companies in the back and popularity, it almost doesn't even matter what you say, something will happen afterwards. Steve Jobs' glasses were a bestseller for quite some time. It's just how the crowd works.

[Koro-Sensei]

He bought at February then sold at April then spread Fud to bought again. What a genius. That's how he manipulate the market and there's no doubt that it will happen again in the near future. That's how he made millions in crypto by just tweeting and I just hope you guys don't follow this kind of manipulative movements. Ignore his chilling and unfollow his tweeter. Lol.

[retreat]

As Bitcoin price relies on around $58,000 investors are already recording their profits and one among them is Tesla, a company own and operated by Elon Musk a popular cryptocurrency whale. The company bought 43,200 Bitcoins sometime in February 2021 have yielded a 65% that is 1 billion dollars profits at the present Bitcoin price.
Credit: https://cointelegraph.com/news/elon-musk-s-tesla-is-already-1-billion-in-profit-from-holding-bitcoin

Apart from profiting from the increase in their share price, Tesla also benefits from the increase in the value of the bitcoins they hold. I want to speculate, Tesla definitely won't sell their bitcoins, I believe their target price is above $100k/btc.

[RILWAN]

As Bitcoin price relies on around $58,000 investors are already recording their profits and one among them is Tesla, a company own and operated by Elon Musk a popular cryptocurrency whale. The company bought 43,200 Bitcoins sometime in February 2021 have yielded a 65% that is 1 billion dollars profits at the present Bitcoin price.
Credit: https://cointelegraph.com/news/elon-musk-s-tesla-is-already-1-billion-in-profit-from-holding-bitcoin

Apart from profiting from the increase in their share price, Tesla also benefits from the increase in the value of the bitcoins they hold. I want to speculate, Tesla definitely won't sell their bitcoins, I believe their target price is above $100k/BTC.

There is no two side profit in Bitcoin, you can only profit from the price/value of bitcoin but the volume remains the same. If you hold one bitcoin and price at 60k the price may increase to 70k but you maintain your one bitcoin it will not increase more than that.

[Wong Gendheng]

Now the bitcoin price is more than $60k or increase more than 10% and I'm sure the profit from the increase is making Tesla get a big profit, this is what makes the Tesla owner now the richest person in the world and I'm sure there will be many millionaires who will invest bitcoin following Tesla.

[Rufsilf]

A company the size of Tesla with a profit of 1 billion is still relatively small. Tesla may have its own targets and still hold the Bitcoins they buy.
Tesla makes a big impact when it comes to investing in bitcoin. This proves Bitcoin to be a valuable asset.
With Tesla's current profit, I think their target is more than that.

That's why they love to manipulate so that they can increase the size of their holdings and this one should be look up since they are pretty serious upon dealing or holding with bitcoins. And I will not surprise in future if Elon will be back again and do his nasty attempts with bitcoin so hopefully no one take their manipulative tactics in future so that we will not see anything bad effects to the market.

So, basically Tesla's 1 billion USD profit isn't their goal yet because they haven't sell their bitcoins up to now, that's just an estimated profit by cointelegraph and unrealized profit yet.
That's why up until now, they're manipulating and encouraging more and more investors to take their part to maximize their profit even more. Even if we really hope that no one takes the delicious bait, it's already possible for the famous crypto whale to successfuly manipulate bitcoin again.

We can't deny the fact that Elon Musk has the most aces in his sleeve for now together with his bright mind.

[Tellek Garing]

I see Elon musk constantly beating his counterpart to becoming the world richest each time bitcoin bull happen this is because his holdings will generate large profits.  Tesla as a company have invested quite a large amount in bitcoin and that is why it can easily make a 1 billion profits.

[mindrust]

He bought at February then sold at April then spread Fud to bought again. What a genius. That's how he manipulate the market and there's no doubt that it will happen again in the near future. That's how he made millions in crypto by just tweeting and I just hope you guys don't follow this kind of manipulative movements. Ignore his chilling and unfollow his tweeter. Lol.

He is ripping people off because he knows he can get away with it since the crypto markets are not regulated. It is wild wild west. The manipulators used to keep their real identities in secret but they were afraid of the SEC. No need for that anymore because the SEC doesn't care. We also know that Elon has no respect for the SEC. He simply hates them.

[buwaytress]

Sorry to break the news but you don't make any profit from holding. Profit is only realised at the moment you liquidate. So I'm not saying they won't make profit, Tesla's done it right, they've just discovered the power of holding, but they have yet to experience a deep dip, and there will plenty of that for a new holder to experience.

Profit unrealised and losses unrealised. That must be the holder's journey before liquidation.

[rodskee]

I see Elon musk constantly beating his counterpart to becoming the world richest each time bitcoin bull happen this is because his holdings will generate large profits.  Tesla as a company have invested quite a large amount in bitcoin and that is why it can easily make a 1 billion profits.

Well that is Elon , He keeps using his Popularity and the weakness of those who believes him to make news increasing the effect in crypto market.
Elon is nothing but a User and must not be followed and believe in , still laughing when the the Glass of His Tesla Broke in the live release , he deserved such embarrassments .

[galambo]

I see Elon musk constantly beating his counterpart to becoming the world richest each time bitcoin bull happen this is because his holdings will generate large profits.  Tesla as a company have invested quite a large amount in bitcoin and that is why it can easily make a 1 billion profits.

We are discussing his 1 billion dollar profit but we are not discussing how much capital they have invested. You are right, they have invested in billions that's why profit is also 1 billion. We need not to impress with this, as getting 1 billion profit on 10 billion investment is same as getting 1 dollar profit on 10 dollars investment in terms of ROI. That's what I think, correct me if I m wrong.

[Tellek Garing]

Am not really a fan of Tesla but the fact that the company spent huge part of it money on bitcoin seems to amaze me a lot with the recent bitcoin market rise the company stand to gain huge profits from the holding which is why the news is not surprising to me.

[blockman]

Am not really a fan of Tesla but the fact that the company spent huge part of it money on bitcoin seems to amaze me a lot with the recent bitcoin market rise the company stand to gain huge profits from the holding which is why the news is not surprising to me.

There are other companies that did the same and they're also in profit that they haven't obtained it. It's still unrealized profit until they've come to take that profit and start selling it.
And they might take the profit as soon as possible and we'll never know when because it's Elon that gives that signal to his companies when to sell. He moves the market and he manipulates everything these days.

[herurist]

As Bitcoin price relies on around $58,000 investors are already recording their profits and one among them is Tesla, a company own and operated by Elon Musk a popular cryptocurrency whale. The company bought 43,200 Bitcoins sometime in February 2021 have yielded a 65% that is 1 billion dollars profits at the present Bitcoin price.
Credit: https://cointelegraph.com/news/elon-musk-s-tesla-is-already-1-billion-in-profit-from-holding-bitcoin

Imagine you bought a lot of bitcoin, then Elon Musk caused a fud due to energy consumption, then there was a recovery and a new all-time high rn, but the Tesla firm still made a lot of money.

Sometimes I wonder whether this is all calculated and analyzed because Tesla and Elon Musk are doing so well in the crypto world.

we should know that they do things like this either fud or adoption is indeed for their own benefit.
on the other hand whatever they do is actually something that can be detrimental regardless of adoption and fud it all inevitably leads to things that maybe not everyone can think of.
all they do is manipulate and seek their own profit, they don't care about their supporters and they don't care about crypto

[mindrust]

Am not really a fan of Tesla but the fact that the company spent huge part of it money on bitcoin seems to amaze me a lot with the recent bitcoin market rise the company stand to gain huge profits from the holding which is why the news is not surprising to me.

Tesla isn't an investing firm though. Tesla is a car/battery company. Elon should have created another company for that purpose. Tesla holders are probably happy right now but what will happen if bitcoin decides to go down? It would impact TSLA very badly. If their main source of income shifts from making cars to trading bitcoin, that might scare lots of those OG TSLA holders later on.

[Finestream]

As Bitcoin price relies on around $58,000 investors are already recording their profits and one among them is Tesla, a company own and operated by Elon Musk a popular cryptocurrency whale. The company bought 43,200 Bitcoins sometime in February 2021 have yielded a 65% that is 1 billion dollars profits at the present Bitcoin price.
Credit: https://cointelegraph.com/news/elon-musk-s-tesla-is-already-1-billion-in-profit-from-holding-bitcoin

Yes, investors are surely ripping their profits already as early as 4th week of October (last month) as bitcoin have reached another ATH.
But in the case of Tesla, it is just an estimated profit because Tesla haven't sold their bitcoins yet so it's safe to presume that it's just an unrealized profit or gain, maybe it's not their goal yet so possibly we can see another circus moves from Elon Musk to eventually force the value of btc to break another record this year or maybe not because they are trying to hold it for another few years.