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. Tesla’s digital assets were valued at $1.235 billion in the second quarter of 2025. This figure rose to $1.315 billion in the third quarter of 2025, before falling to $1.008 billion by the end of the year. The company completed the first quarter of 2026 with $786 million and the second quarter with $674 million in digital assets. Related News: Have Bitcoin's Recent Gains Confirmed a Recovery? Experts Weigh In Tesla reported revenue of $28.24 billion in the second quarter of 2026, exceeding market expectations of $26.36 billion. However, adjusted earnings per share remained at 33 cents, falling short of analyst expectations of 54 cents. The company also reported negative free cash flow of $1.1 billion in the second quarter. In its statements regarding operational developments, Tesla noted that interest in its vehicles remains high in markets where its Full Autonomous Driving system has been certified. The company also announced that it more than doubled its on-site computing capacity in Texas during the first half of 2026. Tesla Semi and Megapack 3 projects are reportedly progressing according to their planned production schedules, while production of the humanoid robot Optimus is expected to begin later this year at the Fremont facility. *This is not investment advice. Continue Reading: BREAKING: Tesla Announces Earnings Report! Did They Trade Bitcoin?