特斯拉和比特幣

上個季度，特斯拉的收益大約是四分之一是由於認識到比特幣的6億美元收益。特斯拉仍然沒有期望。

Tesla reported earnings per share of $1.07 on revenue of $25.8 billion, both of which fell short of Wall Street’s expectations.

特斯拉報告說，每股收益為1.07美元，收入為258億美元，兩者均不超過華爾街的期望。

However, Tesla also disclosed that it recognized a $600 million gain on its Bitcoin holdings last quarter, which helped boost its bottom line.

但是，特斯拉還透露，它在上個季度認識到其比特幣持有量的收益有6億美元，這有助於提高其底線。

Without the Bitcoin gain, Tesla’s net income would have been down 78% year-over-year in Q4 2024. If you remove regulatory credit, it would be down 86%.

沒有比特幣收益，特斯拉的淨收入將在第4季度2024年同比下降78％。如果您刪除監管信貸，則下降了86％。

Bitcoin saved Tesla’s quarter

比特幣保存了特斯拉的季度

Tesla reported net income of $2.3 billion in Q4 2024, which was already down 70% year-over-year.

特斯拉在2024年第四季度報告了23億美元的淨收入，同比同比下降了70％。

The automaker also reported other income (expense), net, which changed favorably by $523 million in the year ended December 31, 2024 as compared to the year ended December 31, 2023 primarily due to remeasurement of our bitcoin digital assets to fair value in 2024, partially offset by unfavorable fluctuations in foreign currency exchange rates on our intercompany balances.

這家汽車製造商還報告了其他收入（費用），淨收入，截至2024年12月31日止年度，與截至2023年12月31日止年度相比，該公司的變化額為5.23億美元，主要是由於我們的比特幣數字資產在2024年將您的比特幣數字資產恢復到公允價值。 ，部分被我們公司間餘額的外幣匯率波動不利。

A large part of that is due to a $600 million mark-to-market gain on Tesla’s Bitcoin holdings, which are now being valued on Tesla’s balance sheet.

其中很大一部分是由於特斯拉的比特幣持有量的6億美元商標到市場上的收益，現在在特斯拉的資產負債表上估值。

This is enabled by the adoption of ASU 2023-08, which is the latest crypto accounting standard.

這是通過ASU 2023-08（這是最新的加密會計標準）來實現的。

Tesla had moved its bitcoins around last quarter, triggering a lot of speculation. We suspected that Tesla might be getting ready to start accepting Bitcoin payments again, but this now appears to be the more likely explanation.

特斯拉在上個季度左右將其比特幣移動了，引發了很多猜測。我們懷疑特斯拉可能已經準備好再次接受比特幣付款，但這似乎是更有可能的解釋。

Bitcoin is now a big part of Tesla’s earnings, which is a remarkable development.

比特幣現在是特斯拉收入的重要組成部分，這是一個了不起的發展。

If it wasn’t for Bitcoin, Tesla’s net income would be down 78% in Q4 2024 compared to Q4 2023.

如果不是比特幣，則特斯拉的淨收入在第4季度2024年將下降78％，而第二季度2023年第4季度。

If you remove regulatory credit, it would be down 86% and Tesla’s earnings would add up to barely more than $1 billion compared to its more than $1 trillion valuation.

如果您刪除監管信貸，將下跌86％，而特斯拉的收入總額將比其超過1萬億美元的估值相比，總計不超過10億美元。

Bitcoin’s value has fluctuated wildly over the last few years, and it’s currently trading at around $40,000.

在過去的幾年中，比特幣的價值發生了巨大的波動，目前的交易價格約為40,000美元。

When Tesla first invested in Bitcoin early in 2021, the cryptocurrency was trading at around $34,000.

當特斯拉於2021年初首次投資比特幣時，加密貨幣的交易約為34,000美元。

At the time, many Tesla community members were excited about the fact that the automaker was finally accepting the cryptocurrency as payment on new vehicles.

當時，許多特斯拉社區成員對汽車製造商終於接受加密貨幣作為新車輛的付款感到興奮。

However, a few days later, Tesla took a step back with crypto by removing the Bitcoin payment option. The company noted concerns over the energy needs of the Bitcoin network:

但是，幾天后，特斯拉通過刪除比特幣付款選項，退後一步。該公司指出了對比特幣網絡的能源需求的擔憂：

Tesla has suspended vehicle purchases using Bitcoin. We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.

特斯拉已經使用比特幣暫停了車輛的購買。我們擔心在比特幣採礦和交易中迅速增加使用化石燃料，尤其是煤炭，這是任何燃料排放量最差的煤炭。

This is a concern that many Tesla community members shared when Tesla first announced its Bitcoin investment, and many were angered by the fact that the company didn’t think about it in the first place.

當特斯拉首次宣布其比特幣投資時，許多特斯拉社區成員都分享了這一點，許多人對公司首先沒有考慮這一事實感到憤怒。

At the time, Tesla noted that they were not selling their stake in Bitcoin and that they planned to resume taking Bitcoin payments once the network showed a higher mix of renewable energy.

當時，特斯拉指出，他們沒有出售自己在比特幣中的股份，並且一旦網絡表現出更高的可再生能源組合，他們計劃恢復進行比特幣支付。

Last year, Tesla made some moves that pointed to starting to take Bitcoin payments again, but it has yet to happen.

去年，特斯拉採取了一些舉動，指出再次開始進行比特幣付款，但尚未發生。

A year after the initial investment, Tesla’s Bitcoin holding increased to $2 billion, but the cryptocurrency lost a lot of its value in 2022 and the automaker’s position suffered – though the automaker also divested about 75% of its Bitcoin position during that time.

初始投資一年後，特斯拉的比特幣持有量增加到20億美元，但加密貨幣在2022年損失了很多價值，而汽車製造商的職位卻遭受了損失- 儘管這家汽車製造商在那個時候也剝離了其比特幣頭寸的75％。

Tesla reported over $1.2 billion in proceeds from selling Bitcoins, but the automaker still sits on a good amount.

特斯拉報告說，出售比特幣的收益超過12億美元，但汽車製造商仍然坐著很多。