🧵Tesla Q1 Earnings Call - Nugget #50 : Bitcoin Accounting Impact: A $97 million loss from Bitcoin valuation negatively affected GAAP earnings but was excluded from non-GAAP figures, contributing to the gap between GAAP (12 cents) and non-GAAP (27 cents) EPS.
@Pentosh1 Pretty sure most people are offsides here either:
1) expecting a denial
2) expecting an approval followed by a crash
The move that will catch the majority offsides is a move up, I just don't see the euphoria still and I've been in the space many years to know