Tesla Facing Up to $100,000,000 Bitcoin Impairment Loss in Q2 Amidst Crypto Price Slump: Report

Bitcoin’s recent dramatic sell-off could trigger a $100,000,000 impairment loss on Tesla’s Q2 financial records. After BTC’s drop from an all-time high of $64,800 to as low as $29,100, CNBC technology reporter Kate Rooney explains the electric auto giant will need to disclose this impairment loss in Q2. “Tesla will face what’s known as an […]The post Tesla Facing Up to $100,000,000 Bitcoin Impairment Loss in Q2 Amidst Crypto Price Slump: Report appeared first on The Daily Hodl.