🕷️ Crawler Inspector

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Direct Parameter Lookup

Raw Queries and Responses

1. Shard Calculation

Query:

Response:

Calculated Shard: 143 (from laksa189)

2. Crawled Status Check

Query:

curl -X POST \
  'http://laksa143.int.ahrefs:8124/' \
  -H 'Content-Type: text/plain' \
  -H 'X-ClickHouse-Database: crawler3' \
  -H 'Authorization: Basic YXBpOg==' \
  -d 'SELECT getAhrefsURLFromUnparsed(src_unparsed) AS found_url, ifNull(toUnixTimestamp(download_stamp), 0) AS crawl_time, ifNull(toUnixTimestamp(props_url_first_seen), 0) AS first_indexed_time, download_http_code AS http_code, src_unparsed AS src_unparsed, src_root_hash AS src_root_hash, history_drop_reason AS history_drop_reason, meta_title AS meta_title, meta_descriptions AS meta_descriptions, attrs_boilerpipe_text AS attrs_boilerpipe_text, attrs_markdown AS attrs_markdown, attrs_readable_markdown AS attrs_readable_markdown, meta_canonical AS meta_canonical FROM crawler3.page_info_local FINAL PREWHERE (src_root_hash, src_unparsed) IN ((getAhrefsRootHashFromUnparsed(getAhrefsUnparsedNoserviceFromURL(\'https://www.cbsnews.com/news/tesla-bitcoin-investment-1-billion/\')), getAhrefsUnparsedNoserviceFromURL(\'https://www.cbsnews.com/news/tesla-bitcoin-investment-1-billion/\'))) FORMAT JSONEachRow'

Response:

{"found_url":"https:\/\/www.cbsnews.com\/news\/tesla-bitcoin-investment-1-billion\/","crawl_time":1775110709,"first_indexed_time":1614082296,"http_code":200,"src_unparsed":"com,cbsnews!www,\/news\/tesla-bitcoin-investment-1-billion\/ s443","src_root_hash":"10008871826360721943","history_drop_reason":null,"meta_title":"Tesla has made $1 billion on bitcoin in less than a month - CBS News","meta_descriptions":["Electric car maker earned more from its bet on the digital currency than it made selling vehicles last year."],"attrs_boilerpipe_text":"February 23, 2021 \/ 7:09 AM EST\n\/ MoneyWatch\nAdd CBS News on Google\nTesla's\nrecent investment in bitcoin\nis already paying off big time for Elon Musk's car company. With the price of the cryptocurrency hitting a record high on Sunday, the electric vehicle maker's holdings have risen $1.1 billion in the past month alone. That's more than Tesla earned in profits selling cars in 2020.\nTesla disclosed in a securities \nfiling\n earlier this month that it had bought $1.5 billion worth of bitcoin. It did not disclose the date of the purchase, however, making it impossible to know exactly how much the company has made on the investment. Bitcoin was trading at just under $33,300 a month ago, while on Sunday the price topped $58,000, up 75%. \nIt's worth noting those gains amount to \"paper profits\" for Tesla, with no indications the company has sold any bitcoin. Meanwhile, the extreme volatility of bitcoin means that returns could be fleeting (or go even higher). By Monday afternoon, the price of a bitcoin had tumbled over $5,000 to $52,295, reducing Tesla's unrealized gains on its cryptocurrency investment to under $900 million. \nThat's still a tidy return. More specifically, it's nearly 10 times the $95 million the car company made each month in the second half of 2020 and more than its $690 million in profits for all of last year.\nTesla has indicated that it plans to keep a portion of its money in bitcoin for now. Last week, replying to criticism of the investment, Musk\ntweeted\nthat Tesla's purchase didn't reflect his personal views on the digital currency, which he characterized as \"simply a less dumb form of liquidity than cash.\"\nTesla’s action is not directly reflective of my opinion. Having some Bitcoin, which is simply a less dumb form of liquidity than cash, is adventurous enough for an S&P500 company.\n— Elon Musk (@elonmusk)\nFebruary 19, 2021\nIt's also unclear how much of Tesla's bitcoin gains will translate into better returns for the company's faithful shareholders. Accounting rules force companies to value their bitcoin holdings at the cost they paid for them. That means Tesla's bitcoin stake will likely remain valued at $1.5 billion on its accounting statement no matter how much higher the currency climbs.\nWedbush Securities analyst Dan Ives, who noted Tesla's bitcoin bonanza, rated its shares a \"hold.\" In a research note on Monday, he called the company's bitcoin investment a \"sideshow\" for investors, while predicting that other big companies could follow Tesla's lead by moving to invest in bitcoin.\nOf course, Wall Street is more focused on things like how many vehicles Tesla is selling and the pace of its expansion in China than its bitcoin holdings. On that front, the trend in Tesla sales — particularly of its lower-priced Model 3 — is less certain this year, Ives wrote. Indeed, Tesla's shares dropped $40, or 5%, on Monday to just over $740.\n\"After a bull run for the ages, Tesla's stock could continue to be range bound,\" Ives wrote in his note  Monday.  \nIn:\nTesla\nBitcoin","attrs_markdown":"- [Latest](https:\/\/www.cbsnews.com\/news\/tesla-bitcoin-investment-1-billion\/)\n  - [U.S.](https:\/\/www.cbsnews.com\/us\/)\n  - [Iran War](https:\/\/www.cbsnews.com\/live-updates\/iran-war-trump-nato-tehran-threatens-us-tech-companies-strait-of-hormuz\/)\n  - [Artemis II Launch](https:\/\/www.cbsnews.com\/live-updates\/nasa-artemis-ii-launch\/)\n  - [World](https:\/\/www.cbsnews.com\/world\/)\n  - [Politics](https:\/\/www.cbsnews.com\/politics\/)\n  - [Entertainment](https:\/\/www.cbsnews.com\/entertainment\/)\n  - [HealthWatch](https:\/\/www.cbsnews.com\/healthwatch\/)\n  - [MoneyWatch](https:\/\/www.cbsnews.com\/moneywatch\/)\n  - [Crime](https:\/\/www.cbsnews.com\/crime\/)\n  - [Space](https:\/\/www.cbsnews.com\/space\/)\n  - [Sports](https:\/\/www.cbssports.com\/)\n  - 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With the price of the cryptocurrency hitting a record high on Sunday, the electric vehicle maker's holdings have risen \\$1.1 billion in the past month alone. That's more than Tesla earned in profits selling cars in 2020.\n\nTesla disclosed in a securities [filing](https:\/\/www.sec.gov\/ix?doc=\/Archives\/edgar\/data\/1318605\/000156459021004599\/tsla-10k_20201231.htm) earlier this month that it had bought \\$1.5 billion worth of bitcoin. It did not disclose the date of the purchase, however, making it impossible to know exactly how much the company has made on the investment. Bitcoin was trading at just under \\$33,300 a month ago, while on Sunday the price topped \\$58,000, up 75%.\n\nIt's worth noting those gains amount to \"paper profits\" for Tesla, with no indications the company has sold any bitcoin. Meanwhile, the extreme volatility of bitcoin means that returns could be fleeting (or go even higher). By Monday afternoon, the price of a bitcoin had tumbled over \\$5,000 to \\$52,295, reducing Tesla's unrealized gains on its cryptocurrency investment to under \\$900 million.\n\nThat's still a tidy return. More specifically, it's nearly 10 times the \\$95 million the car company made each month in the second half of 2020 and more than its \\$690 million in profits for all of last year.\n\nTesla has indicated that it plans to keep a portion of its money in bitcoin for now. Last week, replying to criticism of the investment, Musk [tweeted](https:\/\/twitter.com\/business\/status\/1362582677199622145) that Tesla's purchase didn't reflect his personal views on the digital currency, which he characterized as \"simply a less dumb form of liquidity than cash.\"\n\n> Tesla’s action is not directly reflective of my opinion. Having some Bitcoin, which is simply a less dumb form of liquidity than cash, is adventurous enough for an S\\&P500 company.\n> \n> — Elon Musk (@elonmusk) [February 19, 2021](https:\/\/twitter.com\/elonmusk\/status\/1362598034866118658?ref_src=twsrc%5Etfw)\n\nIt's also unclear how much of Tesla's bitcoin gains will translate into better returns for the company's faithful shareholders. Accounting rules force companies to value their bitcoin holdings at the cost they paid for them. That means Tesla's bitcoin stake will likely remain valued at \\$1.5 billion on its accounting statement no matter how much higher the currency climbs.\n\nWedbush Securities analyst Dan Ives, who noted Tesla's bitcoin bonanza, rated its shares a \"hold.\" In a research note on Monday, he called the company's bitcoin investment a \"sideshow\" for investors, while predicting that other big companies could follow Tesla's lead by moving to invest in bitcoin.\n\nOf course, Wall Street is more focused on things like how many vehicles Tesla is selling and the pace of its expansion in China than its bitcoin holdings. On that front, the trend in Tesla sales — particularly of its lower-priced Model 3 — is less certain this year, Ives wrote. Indeed, Tesla's shares dropped \\$40, or 5%, on Monday to just over \\$740.\n\n\"After a bull run for the ages, Tesla's stock could continue to be range bound,\" Ives wrote in his note Monday.\n\n### Cryptocurrency [More](https:\/\/www.cbsnews.com\/feature\/cryptocurrency\/?intcid=CNI-00-10aaa3a)\n- [The crypto craze sweeping Washington and Wall Street ![bitcoin-1280.jpg ](https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/08\/09\/e386aaf6-f5bc-4c1b-a752-b09501795db8\/thumbnail\/96x96\/e424cc772e9a29e16b1c2f4cb352cfee\/bitcoin-1280.jpg)](https:\/\/www.cbsnews.com\/news\/the-crypto-craze-sweeping-washington-and-wall-street\/?intcid=CNI-00-10aaa3a)\n- [Trump opens the door for crypto and private equity in your 401(k) plan ![cbsn-fusion-breaking-down-the-trump-tariffs-economic-goals-thumbnail.jpg ](https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/08\/07\/b091f33d-7780-48fd-bfed-20528f7f5ca5\/thumbnail\/96x96\/15074ad8e384c689a6c4f800cd7040a8\/cbsn-fusion-breaking-down-the-trump-tariffs-economic-goals-thumbnail.jpg)](https:\/\/www.cbsnews.com\/news\/trump-401k-changes-cryptocurrencies-private-equity-executive-order\/?intcid=CNI-00-10aaa3a)\n- [PayPal to allow businesses to accept more than 100 cryptocurrencies ![In this photo illustration, A woman browses the Paypal APP ](https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/28\/7a922d35-dcfb-49b0-8a2c-9d8f5d756b45\/thumbnail\/96x96\/4e45e18d052bd1698ed26060c34da5b9\/gettyimages-2183675162.jpg)](https:\/\/www.cbsnews.com\/news\/paypal-cryptocurrency-crypto-payment-businesses-bitcoin-ethereum\/?intcid=CNI-00-10aaa3a)\n- [Trump Media buys \\$2 billion in bitcoin as it embraces crypto ![trump.jpg ](https:\/\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/18\/2490710c-b60c-46ed-b4b5-fb63d43e58c2\/thumbnail\/96x96\/f3bc55c3acda6a183eb011e5602ebc23\/trump.jpg)](https:\/\/www.cbsnews.com\/news\/trump-media-2-billion-bitcoin-crypto-treasury-strategy\/?intcid=CNI-00-10aaa3a)\n- [Trump signs landmark GENIUS Act, hailing \"exciting new frontier\" for crypto ![Trump ](https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/18\/54b48f8a-dee1-41e6-b7f4-f81152627950\/thumbnail\/96x96g2\/82c1c33283bbab2ef15e60775e009274\/ap25199702128401.jpg)](https:\/\/www.cbsnews.com\/news\/trump-signs-genius-act-crypto-bill\/?intcid=CNI-00-10aaa3a)\n\n### Go deeper with The Free Press\n- [Test Drive: Is BYD as Good as Tesla? ![ ](https:\/\/substackcdn.com\/image\/fetch\/%24s_!9sud!,f_auto,q_auto:good,fl_progressive:steep\/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F7558de38-7296-4c38-b871-0c18f55f11e1_1048x590.jpeg)](https:\/\/www.thefp.com\/p\/test-drive-is-byd-as-good-as-tesla?utm_source=cbs_news&utm_campaign=cbs_news_recirculation&utm_content=bottom_page)\n- [Tesla’s Robotaxi Bait and Switch ![ ](https:\/\/substackcdn.com\/image\/fetch\/%24s_!_lGq!,f_auto,q_auto:good,fl_progressive:steep\/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F70491515-9d08-4a75-b094-260bf9607cc6_1592x931.jpeg)](https:\/\/www.thefp.com\/p\/teslas-robotaxi-bait-and-switch?utm_source=cbs_news&utm_campaign=cbs_news_recirculation&utm_content=bottom_page)\n\nIn:\n\n- [Tesla](https:\/\/www.cbsnews.com\/tag\/tesla\/)\n- [Bitcoin](https:\/\/www.cbsnews.com\/tag\/bitcoin\/)\n\n© 2021 CBS Interactive Inc. All Rights Reserved.\n\nCBS News Live\n\n[CBS News 24\/7 Live](https:\/\/www.cbsnews.com\/live\/)\n#### CBS News 24\/7\n\n- [Elon Musk's SpaceX files confidential initial public offering ![ ](https:\/\/assets2.cbsnewsstatic.com\/hub\/i\/r\/2026\/03\/27\/4a245817-6325-4986-8c67-5dd81aae5e77\/thumbnail\/1200x630\/80d00eff6510254311664d237acfd6b4\/gettyimages-2267974787.jpg)](https:\/\/www.cbsnews.com\/news\/spacex-ipo-elon-musk-largest-ever\/?intcid=CNR-01-0623)\n- [How much will \\$18,000 earn in a CD this year (and is it worth opening)? ![ ](https:\/\/assets2.cbsnewsstatic.com\/hub\/i\/r\/2026\/04\/01\/a33cdd1c-7643-4b91-9df0-072e653f9cc0\/thumbnail\/1200x630\/6d47ae980f51e260a3d504b683e8ad58\/gettyimages-1068445390.jpg)](https:\/\/www.cbsnews.com\/news\/how-much-18000-earn-cd-2026\/?intcid=CNR-01-0623)\n- [Mass transit and first responders take solace in pre-paid gas deals ![ ](https:\/\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/03\/31\/a048db4f-42ce-4e4e-a9aa-90af0ee60d15\/thumbnail\/1200x630\/56ddcda47113de3470137481c6834b79\/bus.jpg)](https:\/\/www.cbsnews.com\/minnesota\/news\/gas-prices-twin-cities-metro-transit-first-responders-bulk-buying\/?intcid=CNR-01-0623)\n- [Test Drive: Is BYD as Good as Tesla? ![ ](https:\/\/substackcdn.com\/image\/fetch\/%24s_!9sud!,f_auto,q_auto:good,fl_progressive:steep\/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F7558de38-7296-4c38-b871-0c18f55f11e1_1048x590.jpeg)](https:\/\/www.thefp.com\/p\/test-drive-is-byd-as-good-as-tesla?utm_source=cbs_news&utm_campaign=cbs_news_recirculation&utm_content=right_rail)\n\nFeatured\n\n[Iran War Coverage](https:\/\/www.cbsnews.com\/us-iran-tensions\/)\n\n[Artemis II Launch](https:\/\/www.cbsnews.com\/live-updates\/nasa-artemis-ii-launch\/)\n\n[Men's March Madness Schedule](https:\/\/www.cbssports.com\/college-basketball\/news\/final-four-2026-tv-schedule-channels-announcers-where-to-watch-march-madness-ncaa-tournament\/)\n\n[Women's March Madness Schedule](https:\/\/www.cbssports.com\/womens-college-basketball\/news\/womens-march-madness-schedule-bracket-2026\/)\n\nFollow Us On\n\n[YouTube](https:\/\/www.youtube.com\/CBSNews\/)\n\n[Facebook](https:\/\/www.facebook.com\/CBSNews\/)\n\n[Instagram](https:\/\/instagram.com\/cbsnews\/)\n\n[X](https:\/\/x.com\/CBSNews\/)\n\nPrivacy\n\n[Privacy Policy](https:\/\/www.viacomcbsprivacy.com\/policy)\n\n[California Notice](https:\/\/privacy.paramount.com\/en\/policy#additional-information-us-states)\n\n[Your Privacy Choices](https:\/\/www.cbsnews.com\/news\/tesla-bitcoin-investment-1-billion\/#onetrust-pc-sdk)\n\n[Terms of Use](https:\/\/legal.paramount.com\/us\/en\/cbsi\/terms-of-use)\n\nMore from CBS News\n\n[Newsletters](https:\/\/www.cbsnews.com\/newsletters\/)\n\n[Podcasts](https:\/\/www.cbsnews.com\/podcasts\/)\n\n[Download Our App](https:\/\/www.cbsnews.com\/app\/)\n\n[Brand Studio](https:\/\/www.cbsnews.com\/brandstudio\/)\n\n[Sitemap](https:\/\/www.cbsnews.com\/sitemap\/)\n\nCompany\n\n[About Paramount](https:\/\/www.paramount.com\/about\/)\n\n[Advertise With Paramount](https:\/\/www.paramount.com\/about\/businesses\/advertising)\n\n[Join Our Talent Community](https:\/\/pages.beamery.com\/paramount\/page\/cbsnewsstations)\n\n[Help](https:\/\/help.cbsnews.com\/s\/)\n\n[Feedback](https:\/\/www.cbs.com\/showfeedback\/)\n\n[Contact the Ombudsman](https:\/\/ombudsman.cbsnews.com\/)\n\nCopyright ©2026 CBS Interactive Inc. All rights reserved.\n\nView CBS News In\n\nCBS News App\n\n[Open](https:\/\/www.cbsnews.com\/app\/?ftag=CNM-16-10abd6g&url=https:\/\/www.cbsnews.com\/news\/tesla-bitcoin-investment-1-billion\/)\n\nChrome\n\nSafari\n\n[Continue](https:\/\/www.cbsnews.com\/news\/tesla-bitcoin-investment-1-billion\/#app)","attrs_readable_markdown":"February 23, 2021 \/ 7:09 AM EST \/ MoneyWatch\n\n[Add CBS News on Google](https:\/\/www.google.com\/preferences\/source?q=cbsnews.com)\n\nTesla's [recent investment in bitcoin](https:\/\/www.cbsnews.com\/news\/bitcoin-high-tesla-elon-musk-purchase\/) is already paying off big time for Elon Musk's car company. With the price of the cryptocurrency hitting a record high on Sunday, the electric vehicle maker's holdings have risen \\$1.1 billion in the past month alone. That's more than Tesla earned in profits selling cars in 2020.\n\nTesla disclosed in a securities [filing](https:\/\/www.sec.gov\/ix?doc=\/Archives\/edgar\/data\/1318605\/000156459021004599\/tsla-10k_20201231.htm) earlier this month that it had bought \\$1.5 billion worth of bitcoin. It did not disclose the date of the purchase, however, making it impossible to know exactly how much the company has made on the investment. Bitcoin was trading at just under \\$33,300 a month ago, while on Sunday the price topped \\$58,000, up 75%.\n\nIt's worth noting those gains amount to \"paper profits\" for Tesla, with no indications the company has sold any bitcoin. Meanwhile, the extreme volatility of bitcoin means that returns could be fleeting (or go even higher). By Monday afternoon, the price of a bitcoin had tumbled over \\$5,000 to \\$52,295, reducing Tesla's unrealized gains on its cryptocurrency investment to under \\$900 million.\n\nThat's still a tidy return. More specifically, it's nearly 10 times the \\$95 million the car company made each month in the second half of 2020 and more than its \\$690 million in profits for all of last year.\n\nTesla has indicated that it plans to keep a portion of its money in bitcoin for now. Last week, replying to criticism of the investment, Musk [tweeted](https:\/\/twitter.com\/business\/status\/1362582677199622145) that Tesla's purchase didn't reflect his personal views on the digital currency, which he characterized as \"simply a less dumb form of liquidity than cash.\"\n\n> Tesla’s action is not directly reflective of my opinion. Having some Bitcoin, which is simply a less dumb form of liquidity than cash, is adventurous enough for an S\\&P500 company.\n> \n> — Elon Musk (@elonmusk) [February 19, 2021](https:\/\/twitter.com\/elonmusk\/status\/1362598034866118658?ref_src=twsrc%5Etfw)\n\nIt's also unclear how much of Tesla's bitcoin gains will translate into better returns for the company's faithful shareholders. Accounting rules force companies to value their bitcoin holdings at the cost they paid for them. That means Tesla's bitcoin stake will likely remain valued at \\$1.5 billion on its accounting statement no matter how much higher the currency climbs.\n\nWedbush Securities analyst Dan Ives, who noted Tesla's bitcoin bonanza, rated its shares a \"hold.\" In a research note on Monday, he called the company's bitcoin investment a \"sideshow\" for investors, while predicting that other big companies could follow Tesla's lead by moving to invest in bitcoin.\n\nOf course, Wall Street is more focused on things like how many vehicles Tesla is selling and the pace of its expansion in China than its bitcoin holdings. On that front, the trend in Tesla sales — particularly of its lower-priced Model 3 — is less certain this year, Ives wrote. Indeed, Tesla's shares dropped \\$40, or 5%, on Monday to just over \\$740.\n\n\"After a bull run for the ages, Tesla's stock could continue to be range bound,\" Ives wrote in his note Monday.\n\nIn:\n\n- [Tesla](https:\/\/www.cbsnews.com\/tag\/tesla\/)\n- [Bitcoin](https:\/\/www.cbsnews.com\/tag\/bitcoin\/)","meta_canonical":null}

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URL	https://www.cbsnews.com/news/tesla-bitcoin-investment-1-billion/
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HTTP Status Code	200
Meta Title	Tesla has made $1 billion on bitcoin in less than a month - CBS News
Meta Description	Electric car maker earned more from its bet on the digital currency than it made selling vehicles last year.
Meta Canonical	null
Boilerpipe Text	February 23, 2021 / 7:09 AM EST / MoneyWatch Add CBS News on Google Tesla's recent investment in bitcoin is already paying off big time for Elon Musk's car company. With the price of the cryptocurrency hitting a record high on Sunday, the electric vehicle maker's holdings have risen $1.1 billion in the past month alone. That's more than Tesla earned in profits selling cars in 2020. Tesla disclosed in a securities filing earlier this month that it had bought $1.5 billion worth of bitcoin. It did not disclose the date of the purchase, however, making it impossible to know exactly how much the company has made on the investment. Bitcoin was trading at just under $33,300 a month ago, while on Sunday the price topped $58,000, up 75%. It's worth noting those gains amount to "paper profits" for Tesla, with no indications the company has sold any bitcoin. Meanwhile, the extreme volatility of bitcoin means that returns could be fleeting (or go even higher). By Monday afternoon, the price of a bitcoin had tumbled over $5,000 to $52,295, reducing Tesla's unrealized gains on its cryptocurrency investment to under $900 million. That's still a tidy return. More specifically, it's nearly 10 times the $95 million the car company made each month in the second half of 2020 and more than its $690 million in profits for all of last year. Tesla has indicated that it plans to keep a portion of its money in bitcoin for now. Last week, replying to criticism of the investment, Musk tweeted that Tesla's purchase didn't reflect his personal views on the digital currency, which he characterized as "simply a less dumb form of liquidity than cash." Tesla’s action is not directly reflective of my opinion. Having some Bitcoin, which is simply a less dumb form of liquidity than cash, is adventurous enough for an S&P500 company. — Elon Musk (@elonmusk) February 19, 2021 It's also unclear how much of Tesla's bitcoin gains will translate into better returns for the company's faithful shareholders. Accounting rules force companies to value their bitcoin holdings at the cost they paid for them. That means Tesla's bitcoin stake will likely remain valued at $1.5 billion on its accounting statement no matter how much higher the currency climbs. Wedbush Securities analyst Dan Ives, who noted Tesla's bitcoin bonanza, rated its shares a "hold." In a research note on Monday, he called the company's bitcoin investment a "sideshow" for investors, while predicting that other big companies could follow Tesla's lead by moving to invest in bitcoin. Of course, Wall Street is more focused on things like how many vehicles Tesla is selling and the pace of its expansion in China than its bitcoin holdings. On that front, the trend in Tesla sales — particularly of its lower-priced Model 3 — is less certain this year, Ives wrote. Indeed, Tesla's shares dropped $40, or 5%, on Monday to just over $740. "After a bull run for the ages, Tesla's stock could continue to be range bound," Ives wrote in his note Monday. In: Tesla Bitcoin
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With the price of the cryptocurrency hitting a record high on Sunday, the electric vehicle maker's holdings have risen \$1.1 billion in the past month alone. That's more than Tesla earned in profits selling cars in 2020. Tesla disclosed in a securities [filing](https://www.sec.gov/ix?doc=/Archives/edgar/data/1318605/000156459021004599/tsla-10k_20201231.htm) earlier this month that it had bought \$1.5 billion worth of bitcoin. It did not disclose the date of the purchase, however, making it impossible to know exactly how much the company has made on the investment. Bitcoin was trading at just under \$33,300 a month ago, while on Sunday the price topped \$58,000, up 75%. It's worth noting those gains amount to "paper profits" for Tesla, with no indications the company has sold any bitcoin. Meanwhile, the extreme volatility of bitcoin means that returns could be fleeting (or go even higher). By Monday afternoon, the price of a bitcoin had tumbled over \$5,000 to \$52,295, reducing Tesla's unrealized gains on its cryptocurrency investment to under \$900 million. That's still a tidy return. More specifically, it's nearly 10 times the \$95 million the car company made each month in the second half of 2020 and more than its \$690 million in profits for all of last year. Tesla has indicated that it plans to keep a portion of its money in bitcoin for now. Last week, replying to criticism of the investment, Musk [tweeted](https://twitter.com/business/status/1362582677199622145) that Tesla's purchase didn't reflect his personal views on the digital currency, which he characterized as "simply a less dumb form of liquidity than cash." > Tesla’s action is not directly reflective of my opinion. Having some Bitcoin, which is simply a less dumb form of liquidity than cash, is adventurous enough for an S\&P500 company. > > — Elon Musk (@elonmusk) [February 19, 2021](https://twitter.com/elonmusk/status/1362598034866118658?ref_src=twsrc%5Etfw) It's also unclear how much of Tesla's bitcoin gains will translate into better returns for the company's faithful shareholders. Accounting rules force companies to value their bitcoin holdings at the cost they paid for them. That means Tesla's bitcoin stake will likely remain valued at \$1.5 billion on its accounting statement no matter how much higher the currency climbs. Wedbush Securities analyst Dan Ives, who noted Tesla's bitcoin bonanza, rated its shares a "hold." In a research note on Monday, he called the company's bitcoin investment a "sideshow" for investors, while predicting that other big companies could follow Tesla's lead by moving to invest in bitcoin. Of course, Wall Street is more focused on things like how many vehicles Tesla is selling and the pace of its expansion in China than its bitcoin holdings. On that front, the trend in Tesla sales — particularly of its lower-priced Model 3 — is less certain this year, Ives wrote. Indeed, Tesla's shares dropped \$40, or 5%, on Monday to just over \$740. "After a bull run for the ages, Tesla's stock could continue to be range bound," Ives wrote in his note Monday. ### Cryptocurrency [More](https://www.cbsnews.com/feature/cryptocurrency/?intcid=CNI-00-10aaa3a) - [The crypto craze sweeping Washington and Wall Street ![bitcoin-1280.jpg ](https://assets1.cbsnewsstatic.com/hub/i/r/2025/08/09/e386aaf6-f5bc-4c1b-a752-b09501795db8/thumbnail/96x96/e424cc772e9a29e16b1c2f4cb352cfee/bitcoin-1280.jpg)](https://www.cbsnews.com/news/the-crypto-craze-sweeping-washington-and-wall-street/?intcid=CNI-00-10aaa3a) - [Trump opens the door for crypto and private equity in your 401(k) plan ![cbsn-fusion-breaking-down-the-trump-tariffs-economic-goals-thumbnail.jpg ](https://assets1.cbsnewsstatic.com/hub/i/r/2025/08/07/b091f33d-7780-48fd-bfed-20528f7f5ca5/thumbnail/96x96/15074ad8e384c689a6c4f800cd7040a8/cbsn-fusion-breaking-down-the-trump-tariffs-economic-goals-thumbnail.jpg)](https://www.cbsnews.com/news/trump-401k-changes-cryptocurrencies-private-equity-executive-order/?intcid=CNI-00-10aaa3a) - [PayPal to allow businesses to accept more than 100 cryptocurrencies ![In this photo illustration, A woman browses the Paypal APP ](https://assets1.cbsnewsstatic.com/hub/i/r/2025/07/28/7a922d35-dcfb-49b0-8a2c-9d8f5d756b45/thumbnail/96x96/4e45e18d052bd1698ed26060c34da5b9/gettyimages-2183675162.jpg)](https://www.cbsnews.com/news/paypal-cryptocurrency-crypto-payment-businesses-bitcoin-ethereum/?intcid=CNI-00-10aaa3a) - [Trump Media buys \$2 billion in bitcoin as it embraces crypto ![trump.jpg ](https://assets3.cbsnewsstatic.com/hub/i/r/2025/07/18/2490710c-b60c-46ed-b4b5-fb63d43e58c2/thumbnail/96x96/f3bc55c3acda6a183eb011e5602ebc23/trump.jpg)](https://www.cbsnews.com/news/trump-media-2-billion-bitcoin-crypto-treasury-strategy/?intcid=CNI-00-10aaa3a) - [Trump signs landmark GENIUS Act, hailing "exciting new frontier" for crypto ![Trump ](https://assets1.cbsnewsstatic.com/hub/i/r/2025/07/18/54b48f8a-dee1-41e6-b7f4-f81152627950/thumbnail/96x96g2/82c1c33283bbab2ef15e60775e009274/ap25199702128401.jpg)](https://www.cbsnews.com/news/trump-signs-genius-act-crypto-bill/?intcid=CNI-00-10aaa3a) ### Go deeper with The Free Press - [Test Drive: Is BYD as Good as Tesla? ![ ](https://substackcdn.com/image/fetch/%24s_!9sud!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F7558de38-7296-4c38-b871-0c18f55f11e1_1048x590.jpeg)](https://www.thefp.com/p/test-drive-is-byd-as-good-as-tesla?utm_source=cbs_news&utm_campaign=cbs_news_recirculation&utm_content=bottom_page) - [Tesla’s Robotaxi Bait and Switch ![ ](https://substackcdn.com/image/fetch/%24s_!_lGq!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F70491515-9d08-4a75-b094-260bf9607cc6_1592x931.jpeg)](https://www.thefp.com/p/teslas-robotaxi-bait-and-switch?utm_source=cbs_news&utm_campaign=cbs_news_recirculation&utm_content=bottom_page) In: - [Tesla](https://www.cbsnews.com/tag/tesla/) - [Bitcoin](https://www.cbsnews.com/tag/bitcoin/) © 2021 CBS Interactive Inc. 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Readable Markdown	February 23, 2021 / 7:09 AM EST / MoneyWatch [Add CBS News on Google](https://www.google.com/preferences/source?q=cbsnews.com) Tesla's [recent investment in bitcoin](https://www.cbsnews.com/news/bitcoin-high-tesla-elon-musk-purchase/) is already paying off big time for Elon Musk's car company. With the price of the cryptocurrency hitting a record high on Sunday, the electric vehicle maker's holdings have risen \$1.1 billion in the past month alone. That's more than Tesla earned in profits selling cars in 2020. Tesla disclosed in a securities [filing](https://www.sec.gov/ix?doc=/Archives/edgar/data/1318605/000156459021004599/tsla-10k_20201231.htm) earlier this month that it had bought \$1.5 billion worth of bitcoin. It did not disclose the date of the purchase, however, making it impossible to know exactly how much the company has made on the investment. Bitcoin was trading at just under \$33,300 a month ago, while on Sunday the price topped \$58,000, up 75%. It's worth noting those gains amount to "paper profits" for Tesla, with no indications the company has sold any bitcoin. Meanwhile, the extreme volatility of bitcoin means that returns could be fleeting (or go even higher). By Monday afternoon, the price of a bitcoin had tumbled over \$5,000 to \$52,295, reducing Tesla's unrealized gains on its cryptocurrency investment to under \$900 million. That's still a tidy return. More specifically, it's nearly 10 times the \$95 million the car company made each month in the second half of 2020 and more than its \$690 million in profits for all of last year. Tesla has indicated that it plans to keep a portion of its money in bitcoin for now. Last week, replying to criticism of the investment, Musk [tweeted](https://twitter.com/business/status/1362582677199622145) that Tesla's purchase didn't reflect his personal views on the digital currency, which he characterized as "simply a less dumb form of liquidity than cash." > Tesla’s action is not directly reflective of my opinion. Having some Bitcoin, which is simply a less dumb form of liquidity than cash, is adventurous enough for an S\&P500 company. > > — Elon Musk (@elonmusk) [February 19, 2021](https://twitter.com/elonmusk/status/1362598034866118658?ref_src=twsrc%5Etfw) It's also unclear how much of Tesla's bitcoin gains will translate into better returns for the company's faithful shareholders. Accounting rules force companies to value their bitcoin holdings at the cost they paid for them. That means Tesla's bitcoin stake will likely remain valued at \$1.5 billion on its accounting statement no matter how much higher the currency climbs. Wedbush Securities analyst Dan Ives, who noted Tesla's bitcoin bonanza, rated its shares a "hold." In a research note on Monday, he called the company's bitcoin investment a "sideshow" for investors, while predicting that other big companies could follow Tesla's lead by moving to invest in bitcoin. Of course, Wall Street is more focused on things like how many vehicles Tesla is selling and the pace of its expansion in China than its bitcoin holdings. On that front, the trend in Tesla sales — particularly of its lower-priced Model 3 — is less certain this year, Ives wrote. Indeed, Tesla's shares dropped \$40, or 5%, on Monday to just over \$740. "After a bull run for the ages, Tesla's stock could continue to be range bound," Ives wrote in his note Monday. In: - [Tesla](https://www.cbsnews.com/tag/tesla/) - [Bitcoin](https://www.cbsnews.com/tag/bitcoin/)
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