NFT News by Thebittimes.Com

Bitcoin (BTC) has become a key part of Tesla’s money plans. As we look at Tesla’s Q2 2024 earnings, it’s clear that the company’s approach to cryptocurrency keeps changing as it deals with market ups and downs and government rules. Also Read: Bitcoin’s $100K Surge: Analyzing BTC’s Bullish 2025 Prediction tesla -q2-earnings-and- bitcoin -strategy-amidst-market-volatility">Tesla Q2 Earnings and Bitcoin Strategy Amidst Market Volatility Source: CriptoNoticias tesla -s-q2-2024-financial-performance">Tesla’s Q2 2024 Financial Performance Tesla’s Q2 2024 financial results were mixed. The company earned $25.5 billion in total revenue, surpassing the expected $24.63 billion. That said, car sales revenue fell 7% to $19.9 billion from $21.27 billion in the same quarter last year. Tesla’s earnings per share were 52 cents, below the expected 62 cents. Spending on new projects rose 10% to $2.27 billion, with $600 million used for AI tech. Tesla’s Continued B...

Elon Musk’s tweets have always been unfiltered and unadulterated. Right from opining under various threads and participating in banter to revealing his political inclination and randomly tweeting about dogs, the Tesla executive has time and again proven to be just like any normal Twitter user. A couple of years ago, the SEC flagged Elon Musk ’s behavior. In October 2018, the executive and the regulatory agency agreed to a deal saying Musk needed to get prior permission from a sec urities lawyer to tweet any information “material to the company” that could move Tesla’s stock. In an April Fool’s prank, Musk once proclaimed that Tesla had gone bankrupt. Then, time and again, he tweeted about the financial health, potential mergers, forecasts/projections, expansion details, earnings estimates of the company, etc. His tweets have frequently influenced the price of TSLA, and as a result, the regulatory agency pushed the “permission” deal. Wh...

Elon Musk has not made any public comments regarding a bizarre $600,000 monument of him as a goat, which was delivered to the Tesla headquarters on the weekend. Tesla CEO Elon Musk has seemingly given the cold shoulder to a $600,000 monument of him in goat form —  which was created as part of a bizarre crypto marketing stunt. Delivered to Tesla’s Austin headquarters on Nov. 26, the 30-foot, 12,000-pound metal statue of Elon Musk was part of a publicity stunt by the co-founders of the memecoin Elon Goat Token (EGT). The statue features the head of Elon Musk on the body of a goat that is riding a rocket. The statue also sees Musk wearing a dog collar with a Dogecoin (DOGE) token attached. We’re very proud of our accomplishments and commitment to #EGT We’ve always had long term vision for $EGT and will continue to build the brand and utility. We feel our hard work can lead to Elon claiming #ElonGOAT and we will work towards this goal! Maybe have some fun too! pic.twitter.com/Rk2Gdn5PpE —...