Electric vehicle giant Tesla shared its financial reports for the third quarter of 2022. According to the third quarter report, the company did not sell any of its Bitcoins (BTC) or make any new purchases.
billionaire investor Elon Musk’s is the CEO Tesla, 20 October on Financial reports for the third quarter of 2022 shared. According to the third quarter report, the company announced that it did not sell any of its Bitcoins or make new purchases. The report did not report any gains or losses on Bitcoin assets.
In Tesla’s second quarter report, the Bitcoins in his hands $936 million by selling part 64 million dollars announced that he was making a profit. However, any company dogecoin He also added to his report that he did not make the sale. The company currently has approximately Bitcoin worth $218 million exists.
The company’s net income more than doubled compared to the same period last year. $3.33 billion automotive revenue compared to the third quarter of the previous year. increased 55% and reached $21.5 billion. Although the Tesla company draws a bullish graph, the reports announced Wall Street‘of 22.09 It fell short of billion-dollar expectations. Following the announcement of the third quarter report, the shares of the company are approximately 5% fell.
Commenting on the global financial situation in the press statement he attended, Musk made the following statements:
China is experiencing some kind of recession, mostly in real estate markets, and Europe has some kind of energy-driven recession. North America’s health is pretty good, despite the Fed raising interest rates unnecessarily, but I think they’ll eventually figure it out and pull it down again.