As of the close, the Dow Jones Industrial Average rose 1.34% to 31,499.62 points, the S&P 500 rose 1.19% to 3,797.34 points, and the Nasdaq rose 0.86% to 10,952.61 points. Tesla fell by more than 7% at one point, approaching its low since June last year, and finally closed down 1

2025/07/2921:42:34 hotcomm 1223

On October 24th local time, the three major U.S. stock indexes closed higher across the board. As of the close, the Dow Jones Industrial Average rose 1.34% to 31,499.62 points, the S&P 500 index rose 1.19% to 3,797.34 points, and the Nasdaq rose 0.86% to 10,952.61 points. Tesla fell by more than 7% at one time, approaching its low since June last year, and finally closing down 1.49%.

As of the close, the Dow Jones Industrial Average rose 1.34% to 31,499.62 points, the S&P 500 rose 1.19% to 3,797.34 points, and the Nasdaq rose 0.86% to 10,952.61 points. Tesla fell by more than 7% at one point, approaching its low since June last year, and finally closed down 1 - DayDayNews

On Monday morning local time, Tesla submitted a complete 10-Q quarterly report to the SEC. Tesla's total revenue in the third quarter was US$21.454 billion, a 56% increase from US$13.757 billion in the same period last year. Among them, the U.S. market revenue was US$10.236 billion, compared with US$6.414 billion in the same period last year.

According to Tesla's third quarter report, the company has recorded US$170 million in Bitcoin-related impairment losses so far, and the warranty fee is basically the same, and the library sales have increased compared with .

Tesla's situation in Bitcoin is one of the concerns of investors. The company invested about $1.5 billion in Bitcoin in the first quarter of 2021.

So far, Bitcoin has performed poorly in 2022, down nearly 60%, resulting in Tesla writing down $170 million. But Bitcoin actually rose 3.7% in the third quarter. The fair market value of Tesla's "digital assets" (including investments and transactions outside of Bitcoin) actually rose to $226 million at the end of the third quarter from $224 million at the end of the second quarter.

This is just a small change for a company with a market value of nearly $700 billion. Bitcoin’s value has become so small that investors and management don’t even talk about Bitcoin on conference calls.

There are not many dramatic changes in the warranty fees in the third quarter for Tesla. The company confirmed $418 million in spending, up from $319 million in the second quarter and up from $249 million in the third quarter last year. As car sales increase, warranty fees should indeed be recorded.

inventory level has changed slightly compared to history. Inventory value at the end of the third quarter was approximately US$10.3 billion, up from US$5.8 billion at the end of 2021. As the company grows, inventory levels should increase, but it should be noted that in the past 12 months, the inventory-to-sales ratio was about 14%, up from about 11% at the end of 2021. Another important data in the balance sheet of

is cash. At the end of last quarter, the company's balance sheet was about $21 billion. So far, Tesla has spent about $5.3 billion on factories and equipment in 2022, up from about $4.7 billion in the same period in 2021. For the past two years, spending is most likely to be spent on two new Tesla factories.

Editor: Wang Guangjian

Editor: Liao Lei

Review: Feng Fei

hotcomm

According to sources from Taiwanese media such as Taiwan's "Central News Agency", cited by Global Network, unlike the same group's Evergreen Line, which gives a year-end bonus of more than four or five months of monthly salary, and EVA Air, which gives a year-end bonus of three m

Employees of Taiwan's two major aviation ground handling companies plan to take another wave of leave, which may add variables to Spring Festival air transportation.

06/10 1566

According to "Watch Taiwan Sea", more than a hundred ground staff of Taiwan's EVA Air recently asked for leave because they were dissatisfied with the year-end salary distribution, causing a large number of flight delays at Taoyuan Airport and affecting thousands of passengers.

Taiwan Taoyuan Airport may be paralyzed? Two major ground handling companies may go on strike during the Spring Festival at the same time, making passengers very nervous

06/10 1776

While Taiwanese people are still buying masks in limited quantities under real names, the Democratic Progressive Party authorities, after recently "generously" stating that they would provide 100,000 masks to the United States every week, have recently been exposed to exporting 1

Soul torture: Taiwan, which is flattering the United States and Japan, have you ever thought about who it will rely on for development after the epidemic?

06/10 1958

A fraudulent loan case broke out in the Taiwan Navy's self-building minehunting ship plan. The contractor, Chen Qingnan, chairman of Qingfu Shipbuilding Company, and his son were interviewed by the prosecutor on the 9th. The Kaohsiung District Prosecutor's Office received a repor

A NT$20.5 billion loan fraud case erupted in the Taiwan Navy's self-building minehunting ship plan

06/10 1649

At this point, the four most popular Hong Kong handsome guys Shawn Yue, Daniel Wu, Nicholas Tse, and Edison Chen have all started their own families. Our era of Hong Kong star movies has basically come to an end.

It turns out that so many stars have fallen into its hands!

06/10 1403

Hello everyone, the fake money-obsessed Flirty Uncle who wants to pick up money so he just doesn’t pick it up is online again! Like everyone else, I also have a dream of getting rich overnight, but not all of us can realize our dream like Taiwan Qingfu Company.

Why should a fishing boat company worth RMB 500 million build warships worth RMB 35 billion? Tsai Ing-wen gives you the answer

06/10 1517

It is better to be born well than to marry well. Almost all women believe in this sentence, because it is a new reliance for women after leaving the protection of their parents. However, has marriage really been a haven for women since ancient times? Or, because you marry into a

Chen Jingwen: Married into a billionaire family, but her husband cheated on an 18-year-old student and died of cancer at the age of 60

05/27 1419

He only had a primary school education and used 200 yuan to start a rice store. After going through a lot of hardships, finally at the age of 66, the group's revenue exceeded 100 billion.

He has a primary school education, started his business with 200 yuan, and his group’s annual income is 100 billion, but he does not give his son an inheritance.

05/27 1593