Tesla records $27 mln in impairment losses on bitcoin investment

Reuters

28 April, 2021, 04:30 pm

Last modified: 28 April, 2021, 04:30 pm

Tesla records $27 mln in impairment losses on bitcoin investment

Reuters

28 April, 2021, 04:30 pm

Last modified: 28 April, 2021, 04:30 pm

FILE PHOTO: Representations of virtual currency Bitcoin are seen in front of Tesla logo in this illustration taken, February 9, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

Tesla Inc recorded $27 million of impairment losses on its bitcoin investment, the electric carmaker said in a filing on Wednesday.

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