Tesla retained its Bitcoin holdings through the first quarter of 2025, as CEO Elon Musk reassured shareholders of his intent to reduce involvement in the Trump administration’s cost-cutting initiatives. This commitment appeared to bolster investor confidence, propelling Tesla’s (TSLA) stock up by 5.4% in after-hours trading on April 23 to ...
Tesla shareholders have filed a lawsuit against CEO Elon Musk and other executives, accusing them of prioritizing Musk's AI company, xAI, over Tesla's interests. The Cleveland Bakers and Teamsters Pension Fund, along with Daniel Hazen and Michael Giampietro, reportedly lodged the stockholder complaint in Delaware's Chancery Court at the company's ...
Contrary to recent speculation, Electric car manufacturer Tesla's latest earnings report indicates that the company has maintained its Bitcoin holdings for the seventh consecutive quarter without any significant changes. Observers had previously noted a discrepancy in Tesla's reported Bitcoin holdings in March 2023. BitcoinTreasuries reported the company's holdings at 9,720 ...
Electric vehicle (EV) manufacturing company Tesla didn't sell or buy any of its Bitcoin holdings during the last quarter of 2023, according to its latest financial reports released on January 24, 2023. Currently, Tesla is the third-largest public holder of Bitcoin, trailing behind MicroStrategy and Marathon (MARA). The company presently ...
