Best guess for the average price for Tesla's bitcoin position is about $38k - which would mean that their profit on that was bigger than all combined profits from selling cars (about zero) and sale of emission rights since the company was founded. However, due to their accounting policy, they cannot book gains on that position until it is realised, but have to writeoff as soon as it falls below purchase price. At the lowest point today, that was only about 15% away. So the bitcoin bet may actually become Tesla's biggest problem.
The other problems are well known: crashing market share in Europe and China, no growth, quality problems, callbacks, accounting fraud, looming legal cases because of FSD and also
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