Tesla May Take $460M Impairment Charge on Its Bitcoin Holdings for Q2, Analyst Says

Tesla May Take $460M Impairment Charge on Its Bitcoin Holdings for Q2, Analyst Says

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Tesla, the electric car maker led by crypto proponent Elon Musk, may take a $460 million impairment charge on its sizable bitcoin holdings for the second quarter, according to a note from Barclays analyst Brian Johnson. The company is scheduled to report after the stock market closes on Wednesday.

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