Tesla Releases Earnings Report – Did It Sell or Buy Bitcoin?

by shayaan

Tesla Inc. (TSLA) announced its financial results for the second quarter of 2025. The company’s adjusted earnings per share (EPS) was 40 cents.

This figure fell short of analysts’ expectations of 42 cents. Similarly, on the revenue front, Tesla’s quarterly revenue of $22.50 billion fell slightly short of the market expectation of $22.64 billion.

The company remains firm on its plans for 2026. Tesla stated that the launch schedule for new vehicles, including the initial production of a more affordable model, is progressing as planned for 2026. The more affordable model is expected to enter production in the first half of 2025.

Meanwhile, Tesla’s digital assets, particularly Bitcoin, remained largely unchanged, according to the earnings report. As of June 30, 2025, the company’s total digital assets stood at $1.23 billion.

*This is not investment advice.

cryptonews.net

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