$ETH Will Tesla be investigated by the SEC for 'beautifying' its performance by excluding Bitcoin losses?

Tesla (TSLA.US) just reported its worst quarterly earnings in years, but the "unofficial" earnings metric it presented to Wall Street received a boost—thanks to the exclusion of the decline in its cryptocurrency holdings' value. This move increased its Non-GAAP net profit by about 12%, and combined with the exclusion of larger stock compensation costs, the electric vehicle manufacturer reported a Non-GAAP net profit of approximately $900 million, which is more than double the GAAP net profit of about $400 million.