Tesla Makes More Money Trading Bitcoin Than Selling Cars

Via "The Wall Street Journal"

"After just months under the same roof, bitcoin and Tesla are becoming the best of friends.

That is one takeaway from the car company’s first-quarter results out on Monday. Revenue of $10.4 billion and adjusted earnings of 93 cents a share both topped Wall Street expectations. Net income reached $438 million, a quarterly record for the company. What’s more, Tesla said it expects to increase vehicle deliveries by more than 50% this year from the 2020 total. That implies roughly 800,000 deliveries this year."

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