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Tesla reported a $64 million profit on the sale of 75% of its | Crypto | Bitcoin | Ethereum | Altcoin | News

Tesla reported a $64 million profit on the sale of 75% of its Bitcoin holdings.

In total, Tesla made a gain of $936 million. The company also reported a $170 million impairment of its remaining bitcoin holdings.

Inflation and competition for battery cells impacted the company's overall profitability.

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