Tesla earnings
All eyes on Tesla today! đź‘€
The company posted better than expected Q1 earnings, with sale up 👆74% from the same period a year ago, as well as earnings Per share of 93 cents, compared to what the analysts expected 79 cents, good numbers to say the least, in large parts helped by Bitcoin. The company bought and sold the crypto assets, for a grand total of positive gain of $101 million added to profits. “We do believe long term in the value of Bitcoin”, said the CFO of Tesla in the conference call BTC is up 3.67% this morning, while Tesla is actually trading 2.48% lower in the pre-market, as more traditional investors shrug off BTC gains.
Will you buy Tesla and BTC? 🤔let me know 🙏
https://www.reddit.com/r/StockMarket/comments/mzm0c4/tesla_earnings/