Tesla Keeps Losing Money on Bitcoin. But Elon Musk Is Still Holding.


continued to carry onto its digital belongings by the depths of a brutal bear market, with the electric-vehicle maker recording a write-down on its


holdings after a turbulent fourth quarter. Elon Musk’s firm reveals no indicators of promoting.


(ticker: TSLA) wrote down the value of its digital assets to $184 million within the fourth quarter, a decline from $218 million within the third quarter. The value of Bitcoin fell to $16,500 by the tip of December from round $19,500 on the shut of September.


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