Hey guys, big news from Tesla!
Their stock, $TSLA, just surged over 8% after releasing their Q1 2024 earnings results. And get this, none of their $711,050,000 worth of #Bitcoin was sold in that quarter.
Tesla reported revenue of $21.3 billion with EPS of $0.45. That's pretty impressive if you ask me. But what's really catching everyone's attention is the fact that they held onto all their Bitcoin despite recent speculation.
All eyes are on Elon Musk and the earnings call. I can't wait to hear what he has to say about this. It's no secret that Musk has been a big supporter of cryptocurrency, so it's interesting to see how Tesla is incorporating it into their business strategy.
Overall, this is great news for Tesla investors and for those who are interested in the future of cryptocurrency. I'll definitely be keeping an eye on this story as it develops.
