If Tesla (EM) did not sell all that BTC, then it would be more accurate to say that it is an unrealized profit - and EM has stated that it has no intention of selling that BTC, although this may change at any time.
This lol. Technically, it really isn't considered as "profits" if the assets haven't been sold yet in the first place. It's quite misleading, but I guess Cointelegraph's goal was to make it misleading enough to trick people into talking about it, and here we are. 🤷♂️
Just as expected on where publishing up news which is somewhat misleading because it was never been considered to be profits and just like on what others been saying that as long it wasnt sold or converted then those
are just unrealized profits or still have the tendency to be reduced or wont really be that accurate unless if they would decide to convert then thats the exact moment we could say that they had earned that much.
On the other hand in talkings about this matter then this is something one of the benefits when you do invest on bitcoin and tesla had trusted bitcoin when it was still on 32k+ in price and now the price
had risen up then this is one of the benefits that they had get.
I can agree that we can't call this as profits as they haven't sold it yet. So the news is just highlighting the possible scenario if in case Tesla will sell their bitcoin holdings. But this news is giving false hope to some new users that bitcoin can indeed give them high profits. However, they should know that it still depends on their strategy how they can get the same possible fate in this market.