Tesla had a US$1.2 billion "outflow" on Bitcoin in Q1 (ps. "outflow" is the new "loss", right?)

I guess "outflow" is the new earnings announcement for "loss"?

Only kidding. It appears that trading of BTC has kicked in some good profits for the firm in Q1 . Looks like circa $100m in BTC trading profits, which is a substantial chunk of Q1 profits.

More on the TSLA announcement here:

• Tesla Q1 revenue miss, $10.39bn vs 10.41 est. EPS solid beat 93c vs. 80c est