Tesla Stock News

(Reuters) Tesla Inc said on Monday the fair market value of the electric-vehicle makers bitcoin holdings as of Dec. 31 was $1.99 billion.

Tesla Inc said on Monday the fair market value of the electric-vehicle maker''s bitcoin holdings as of 31 December was $1.99 billion

Tesla''s bitcoin holdings worth nearly $2 billion - filing

Tesla Inc said on Monday the fair market value of the electric-vehicle maker''s bitcoin holdings as of Dec. 31 was $1.99 billion.The company had invested $1.50 billion in bitcoin and briefly accepted the cryptocurrency as a payment for sales of certain products last year. (Reporting by Subrat

Tesla Inc. (NASDAQ: TSLA ) in a filing with the U.S. Securities and Exchange Commission on Monday morning revealed that it suffered impairment losses of $101 million on its Bitcoin (CRYPTO: BTC ) holdings in 2021. What Happened: The electric vehicle maker said the fair market value of its Bitcoin holdings at the end of the year was $1.99 billion. The company had invested $1.5 billion in the worlds apex cryptocurrency in the first quarter. Tesla noted the $128 million made in gains on certain Bitcoin sales it made in the first quarter of Full story available on Benzinga.com

Tesla said that it investment an aggregate of $1.5 billion in bitcoin in the first quarter of 2021.

Bitcoin surged to new heights in 2021 as companies like Tesla and Mastercard warmed to crypto. But with regulators circling, the currents ahead are likely choppy.

Despite stalling auto sales, registrations of imported EVs in Japan nearly tripled to 8,610 in 2021.

In early 2020, as the pandemic pushed it to the verge of bankruptcy, Chinas highest-­profile rival to Tesla was shunned by the venture capital funds and foreign investors that had powered its rise. So Nasdaq-listed Nio turned to Chinas newest class of venture capitalists: Communist officials.The municipal government of Hefei, a city in eastern China, pledged 5 billion yuan (US$787 million) to acquire a 17 per cent stake in Nios core business. The company moved key executives from Shanghai to

Elon Musk owned Tesla Inc (NASDAQ: TSLA ) has recently launched its updated Supercharger map. According to the data, the automaker went from 23,277 Superchargers at 2,564 stations at the end of 2020 to 31,498 Superchargers at 3,476 stations at the end of 2021. This shows year-over-year growth Full story available on Benzinga.com

Glauber Contessoto who became widely known as the Dogecoin (CRYPTO: DOGE ) millionaire after making a fortune by trading the memecoin revealed another asset that he is bullish on, and we can guarantee that it is not what you''d expect. What Happened: On Saturday, Contessoto retweeted a meme posted in a now-deleted tweet by Tesla Inc. (NASDAQ: TSLA ) CEO Elon Musk. The meme featured Pokémon a creature belonging to the Pokémon universe often featured in Nintendo games and other content and had the Doge Millionaire commenting, "Im very bullish on Pokémon." While at first that may appear to be a silly statement, Pokémon is a Full story available on Benzinga.com

"It''s just pretty funny what this has all turned into," Jack Sweeney, the 19-year-old tracking Musk''s jet, told Insider.

Anticipating Anticipation By Macro Ops One of the coolest things to watch in nature is a Starling murmuration. Starlings -- which are small and not particularly intelligent birds -- are somehow able to form these amazingly complex and beautiful airborne systems that are capable of extremely intricate flight patterns which shift and shape with near-instantaneous coordination. They do this apparently in response to threats; to thwart off and confuse predators. Im fascinated by systems that display emergent properties such as murmurations. Where a network operating off simple behavioral rules can emerge complex, seemingly intelligent, behavior. Scientists have long been awed by the same and using the latest technology theyve been able to gain a fuller understanding of exactly how Starlings accomplish this. The following excerpt is from a paper on murmurations by Italian researchers. You can find the whole thing here (emphasis by me). From bird flocks to fish schools, animal groups often seem to react to environmental perturbations as if of one mind Here we suggest that collective response in animal groups may be achieved through scale-free behavioral correlations This result indicates that behavioral correlations are scale-free: The change in the behavioral state of one animal affects and is affected by that of all other animals in the group, no matter how large the group is.

Jack Sweeney , the 19-year-old whose Twitter account tracks Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk ''s private jet, has rejected the latest offer to delete the account. What Happened: It all began when Musk offered $5,000 in exchange for the account to be deleted. The Tesla CEO reportedly told Sweeney in a DM conversation, I dont love the idea of being shot by a nutcase. Their exchange continued, with Sweeney asking for $50,000 and later an internship at Tesla. Sweeney''s counteroffer resulted in Musk blocking him on social media. Ive created something. Its something valuable, and if its blowing up this much, that means people are Full story available on Benzinga.com

Each trading day features hundreds of headlines and press releases about companies. Benzinga Pro is a source for traders to see the latest news on the overall market and also on individual tickers. Here is a look at the stocks that were searched for the most on Benzinga Pro for the month of January. 1. SPDR S&P 500 (NYSE: SPY ) YTD Return: -4.6% 52-Week Range: $379.37 to $479.98 Price: $453.92 The S&P 500 themed ETF was the most searched ticker on Benzinga Pro for the month of January. The ETF was the eighth most searched ticker in 2021 across Benzinga Pro. The ETF and S&P 500 Index serves as gauges for overall market strength and news, which could lead to an increase in searches for the ticker to find macros news and themes. 2. Tesla Inc (NASDAQ: TSLA ) YTD Return: -11.9% 52-Week Range: $539.49 to $1243.49 Price: $889.49 The most searched ticker on Benzinga Pro in all of 2021 comes in second place to start 2022. The electric vehicle giant had nearly as many searches as SPY in January, but came up just short.