Tesla Bitcoin holdings stayed unchanged through Q1 2025, highlighting the company’s long-term confidence in crypto.
Despite a rocky quarter for the EV giant, it held tight to 11,509 Bitcoin, showing no interest in selling. Bitcoin’s price dropped by 12% during Q1, putting pressure on Tesla’s crypto portfolio. By March’s end, those holdings were worth $951 million. But the crypto market bounced back quickly. On April 22, Bitcoin rose 6% to reach $94,000, pushing Tesla’s crypto value above $1 billion again. This highlights the volatile yet lucrative nature of digital assets.
Tesla’s refusal to sell Bitcoin contrasts with its shaky core business performance. Q1 earnings fell short of expectations, with earnings per share at $0.27. Analysts expected around $0.41. Revenue dropped 9% year-over-year to $19 billion, well below projections.
Automotive revenue also declined sharply. Vehicle deliveries sank 13% compared to Q1 2024. Production dipped 16%, largely due to updates to Model Y production lines. While cars struggled, Tesla’s energy division soared. Energy revenue jumped 67% from a year earlier. Regulatory credits brought in $595 million, up from $432 million in Q1 2024.
Tesla Bitcoin holdings outshine its car business
Tesla’s continued belief in BitcoinClick here for more Details could inspire other firms to hold crypto during volatile times. Its crypto reserve is acting like a digital safety net—even as other business lines see turbulence.
Elon Musk added fuel to the fire with a surprising statement during the earnings call. He announced his departure from active duties in the White House DOGE office to focus more on TeslaClick here for more Details. This pivot may calm investors after months of protests, vandalism, and boycotts tied to Musk’s political involvement. Tesla’s stock, which had fallen 41% year-to-date, surged nearly 5% in after-hours trading after the news.
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Crypto remains a core pillar in Tesla’s future
As the company navigates a challenging automotive market, Tesla Bitcoin holdings offer a rare bright spot. Bitcoin’s renewed momentum puts Tesla’s crypto strategy back in the spotlight. Holding digital assets in a volatile market may seem risky, but for Tesla, it could be a masterstroke. Musk’s gamble on decentralized finance may yet pay off—and boost the company’s tech-forward brand.
Tesla’s resilience in crypto contrasts sharply with its automotive struggles. With Bitcoin’s price rising, Tesla’s digital portfolio might soon outshine its EV business.