Tesla’s bitcoin holdings bite the dust “slightly” – 7/25/2022 at 2:51 PM

(AOF) – Tesla recorded a $170 million impairment charge on its bitcoin and dogecoin holdings in the first six months of the year. The US automaker assessed the value of its remaining digital assets at $222 billion as of June 30. This is what the group indicates in a document registered with the Securities and … Read more

Tesla: the fall of bitcoin led to some losses – 07/25/2022 at 16:12

(CercleFinance.com) – Tesla announced on Monday that it suffered an impairment loss of $170 million in the first half of its investment in bitcoin. The electric vehicle maker – which revealed it had invested some $1.5 billion in cryptocurrency in early 2021 – says that shortfall was partially offset by a $64 million gain from … Read more

Tesla sees profit growth with price hike – 07/20/2022 at 23:21

TESLA REPORTS PROFIT GROWTH WITH PRICE RISE (Reuters) – Tesla reported a surge in quarterly profit on Wednesday as higher prices for several of its top models helped the electric vehicle maker offset production challenges. The group’s stock rose 4% in post-closing trading on Wall Street. In a statement, Tesla said it was focused on … Read more

Ledger, the French cryptocurrency champion – 07/10/2022 at 08:35

La French Tech, which in the space of seven years has become a world champion in the management of cryptocurrencies. (© Ledger) Its algorithms delight bitcoin and ethereum investors from Paris to San Francisco, via Hong Kong and Tokyo. Founded in 2014, Ledger has established itself as one of the world leaders in the highly … Read more

Ledger, the French cryptocurrency champion – 07/10/2022 at 08:35

La French Tech, which in the space of seven years has become a world champion in the management of cryptocurrencies. (© Ledger) Its algorithms delight bitcoin and ethereum investors from Paris to San Francisco, via Hong Kong and Tokyo. Founded in 2014, Ledger has established itself as one of the world leaders in the highly … Read more

Bitcoin is falling, its detractors are having a blast

Bitcoin started July below $20,000. On June 18, the cryptocurrency had lost nearly 9% of its value in a single day. An unprecedented fall since the end of 2020, which confirms for some the crisis affecting digital currencies. Bitcoin is falling, its detractors are having a blast – iStock.com / blinow61 The “collapse” of cryptocurrencies … Read more

Tesla worries the financial markets

Due to two months of confinement in April and May in Shanghai, Tesla’s Gigafactory did not run at full speed. Xinhua/Xinhua/ABACA The manufacturer is caught up in shortages of all kinds due to the pandemic. Quite a symbol. Tesla is no longer the world leader in electric cars. In the first half of the year, … Read more

Cryptocurrencies: towards a first European legal framework – 07/04/2022 at 11:32

(AFP / MARTIN BUREAU) This draft legal framework is a first in Europe, it plans to impose a series of obligations on players in the sector in order to “protect investors and preserve financial stability”. It is a necessity for a market that attracts many investors but also a lot of controversy. The crypto-asset sector … Read more

Cryptocurrency: fad or bet on the future?

(Photo credits: Pixabay – madartzgraphics) Democratized between 2008 and 2009 with the arrival of Bitcoin, cryptocurrency is attracting more and more investors. But if the industry is constantly evolving, households remain wary: a study conducted by Ipsos last February shows that only 8% of French people currently hold cryptocurrency assets, while 30% of them are … Read more

Tesla rakes in record $5.5 billion profit in 2021

Elon Musk’s group managed to boost its shipments by 87% last year despite the shortage of semiconductors and supply problems. Tesla, benefiting from the craze for its electric vehicles, made a record $5.5 billion profit in 2021, but warned that problems with its supply chain could linger throughout the year. Read alsoThe irresistible rise of … Read more