BREAKING: Tesla Reports Earnings—Did It Buy or Sell Bitcoin?
Photo: Bitcoin Sistemi
Tesla (TSLA), the electric car manufacturer led by CEO Elon Musk, announced its financial results for the third quarter of 2026. One notable development in the company's balance sheet was that it did not sell any of its Bitcoin (BTC) assets, worth $972 million. Tesla maintained its Bitcoin holdings throughout the third quarter, not selling any of its cryptocurrency investments. Thus, the company continued its strategy of maintaining its Bitcoin position. Looking at the financial results, Tesla's third-quarter revenue reached $28.05 billion, exceeding analysts' expectations of $27.88 billion.
Source: Bitcoin Sistemi
