特斯拉和比特币

上个季度，特斯拉的收益大约是四分之一是由于认识到比特币的6亿美元收益。特斯拉仍然没有期望。

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

特斯拉报告说，每股收益为1.07美元，收入为258亿美元，两者均不超过华尔街的期望。

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，特斯拉还透露，它在上个季度认识到其比特币持有量的收益有6亿美元，这有助于提高其底线。

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%.

没有比特币收益，特斯拉的净收入将在第4季度2024年同比下降78％。如果您删除监管信贷，则下降了86％。

Bitcoin saved Tesla’s quarter

比特币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年第四季度报告了23亿美元的净收入，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.

这家汽车制造商还报告了其他收入（费用），净收入，截至2024年12月31日止年度，与截至2023年12月31日止年度相比，该公司的变化额为5.23亿美元，主要是由于我们的比特币数字资产在2024年将您的比特币数字资产恢复到公允价值。 ，部分被我们公司间余额的外币汇率波动不利。

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于特斯拉的比特币持有量的6亿美元商标到市场上的收益，现在在特斯拉的资产负债表上估值。

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

这是通过ASU 2023-08（这是最新的加密会计标准）来实现的。

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.

特斯拉在上个季度左右将其比特币移动了，引发了很多猜测。我们怀疑特斯拉可能已经准备好再次接受比特币付款，但这似乎是更有可能的解释。

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

比特币现在是特斯拉收入的重要组成部分，这是一个了不起的发展。

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

如果不是比特币，则特斯拉的净收入在第4季度2024年将下降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.

如果您删除监管信贷，将下跌86％，而特斯拉的收入总额将比其超过1万亿美元的估值相比，总计不超过10亿美元。

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

在过去的几年中，比特币的价值发生了巨大的波动，目前的交易价格约为40,000美元。

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

当特斯拉于2021年初首次投资比特币时，加密货币的交易约为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.

当时，许多特斯拉社区成员对汽车制造商终于接受加密货币作为新车辆的付款感到兴奋。

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，几天后，特斯拉通过删除比特币付款选项，退后一步。该公司指出了对比特币网络的能源需求的担忧：

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.

特斯拉已经使用比特币暂停了车辆的购买。我们担心在比特币采矿和交易中迅速增加使用化石燃料，尤其是煤炭，这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.

当特斯拉首次宣布其比特币投资时，许多特斯拉社区成员都分享了这一点，许多人对公司首先没有考虑这一事实感到愤怒。

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.

当时，特斯拉指出，他们没有出售自己在比特币中的股份，并且一旦网络表现出更高的可再生能源组合，他们计划恢复进行比特币支付。

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

去年，特斯拉采取了一些举动，指出再次开始进行比特币付款，但尚未发生。

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.

初始投资一年后，特斯拉的比特币持有量增加到20亿美元，但加密货币在2022年损失了很多价值，而汽车制造商的职位却遭受了损失 - 尽管这家汽车制造商在那个时候也剥离了其比特币头寸的75％。

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

特斯拉报告说，出售比特币的收益超过12亿美元，但汽车制造商仍然坐着很多。