BREAKING: Tesla Announces Earnings Report! Did They Trade Bitcoin?
Electric car manufacturer Tesla has announced its financial results for the second quarter of 2026. The value of the digital assets included in the company’s balance sheet decreased from $786 million on March 31, 2026, to $674 million as of June 30, 2026. Tesla did not make any Bitcoin purchases or sales during the quarter. Therefore, the approximately $112 million decrease seen in the balance sheet value of digital assets was due to the change in the Bitcoin price, not a decrease in the amount of Bitcoin the company held.