According to Tesla’s third-quarter presentation, the company managed to reach its best net income of $2,093 billion.
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The company still recorded a $51 million impairment in Bitcoin in the third quarter.
Tesla did not sell or make any new purchases in the third quarter.
The company bought $1.5 billion worth of Bitcoin last February and later started accepting Bitcoin payments. However, Bitcoin acceptance was stopped in May due to environmental concerns.
Tesla sold 10% of its Bitcoin holdings in the first quarter to test the liquidity of the asset.