Tesla (TSLA) Converted 75% of Bitcoin to Fiat Currency by End of Q2
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/22/2026
- Nasdaq leads Wall Street gains as SpaceX, Super Micro boost AI sentiment
- Meta beats Q3 estimates, approves new nonvoting share class as AI spending surges
- Tesla stock up as automotive gross margin improves, free cash flow turns positive
- SpaceX, Tesla shares rise after Musk says committees exploring possible merger
- Brent falls as Iran's president discusses mediation with Pakistani army chief
Tweet
Share
E-mail
Get Alerts TSLA Hot Sheet
Join SI Premium – FREE
Tesla (NASDAQ: TSLA) said as of the end of Q2, they have converted approximately 75% of their Bitcoin purchases into fiat currency. Conversions in Q2 added $936M of cash to the balance sheet.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Tesla (TSLA) Tops Q3 EPS by 3c, Beats on Revenue; Offers update
- SpaceX and Tesla form committees to explore potential merger, Musk says
- Tesla Releases Third Quarter 2026 Financial Results
Create E-mail Alert Related Categories
Cryptocurrency, Hot List, Trader TalkRelated Entities
Tesla, BitcoinSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
