Prepare a PowerPoint presentation for shareholders and future investors. The purpose of the Powerpoint is to educate the viewers regarding Tesla's cryptocurrency holdings and explain the announcement of an impairment loss with respect to the 2021 Annual Report. As informed users of the financial reporting, investors will be interested in the information presented in the financial statements as well as the notes from the Annual Report. Background: Tesla Inc. has recently been in the news regarding its investment in Bitcoin and the impact of

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Prepare a PowerPoint presentation for
shareholders and future investors. The
purpose of the Powerpoint is to
educate the viewers regarding Tesla's
cryptocurrency holdings and explain
the announcement of an impairment
loss with respect to the 2021 Annual
Report. As informed users of the
financial reporting, investors will be
interested in the information presented
in the financial statements as well as
the notes from the Annual Report.
Background: Tesla Inc. has recently
been in the news regarding its
investment in Bitcoin and the impact of
changes in the market price on its
financial statements. Review the
following links for background to the
current issues. You are enco
couraged to
research beyond the information
presented in these links.
Tesla Annual Report - 2021Links to an
external site.
Tesla Records $ 101M Impairment Loss
on Bitcoin Holdings for 2021 Links to an
external site.
Transcribed Image Text:Prepare a PowerPoint presentation for shareholders and future investors. The purpose of the Powerpoint is to educate the viewers regarding Tesla's cryptocurrency holdings and explain the announcement of an impairment loss with respect to the 2021 Annual Report. As informed users of the financial reporting, investors will be interested in the information presented in the financial statements as well as the notes from the Annual Report. Background: Tesla Inc. has recently been in the news regarding its investment in Bitcoin and the impact of changes in the market price on its financial statements. Review the following links for background to the current issues. You are enco couraged to research beyond the information presented in these links. Tesla Annual Report - 2021Links to an external site. Tesla Records $ 101M Impairment Loss on Bitcoin Holdings for 2021 Links to an external site.
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