TechFlow news — Tesla's Q4 2023 earnings report reveals that the company did not buy or sell any Bitcoin during the quarter, maintaining its holdings unchanged for six consecutive quarters. It currently holds $435 million worth of Bitcoin.
Additionally, Tesla delivered 484,507 vehicles in Q4, exceeding 1.8 million deliveries for the full year 2023. The company reported total revenue of $25.2 billion for the quarter, a 3% increase year-over-year. Operating profit was $2.1 billion, with an operating margin of 8.2%. Cash, cash equivalents, and investments totaled $29.1 billion at the end of the quarter.
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