Tesla sold three-quarters of its bitcoin holdings at a time when the crypto market was tanking, meaning the EV maker has largely missed out on the rebound.

Tesla dumped 75% of its Bitcoin holdings at one of the worst possible times – losing out on billions of dollars in gains. Bitcoin has been trading at near record prices and gained 80% over the past year,

Tesla's latest earnings report has reignited questions about its decision to offload the majority of its Bitcoin holdings during the 2022 crypto crash, an exit that now appears to be a costly move. The company's digital assets are currently worth $1.

Tesla's Bitcoin profits fell short as the company sold most of its holdings early, missing billions in potential gains.

A new accounting rule this year lets companies mark crypto assets to market, benefiting Tesla’s balance sheet.

Solana (CRYPTO: SOL) is selling off Friday amid valuation pressures impacting the broader cryptocurrency market. The token was down 2% over the past 24 hours as of 5:20 p.m. ET. Meanwhile, Bitcoin was down 1.3%, and Ethereum was down 0.3%.

Tesla missed revenue and earnings expectations in Q2 2025 and reported another drop in vehicle deliveries — but one key area of its balance sheet remains rock solid, offering a quiet win amid the turbulence.

Electric vehicle company Volcon Inc. (NASDAQ:VLCN) on Friday announced it now holds 3,183.37 Bitcoin (CRYPTO: BTC), purchased for approximately $375 million at an average acquisition price of

The focus on automation comes amid weak EV sales in the US and Europe, where Tesla has lost market share to rivals such as BYD and Volkswagen. As per Reuters, Musk’s public political endorsements in Europe have alienated some consumers, adding to sales headwinds.

Tesla’s going through a bumpy ride. Auto sales are falling, the Trump administration is rolling back on EVs and the company sold bitcoin at a really bad time.

The gain might not impact the operating profit figure, though. In the first quarter, Tesla excluded Bitcoin swings from its non-GAAP results. GAAP is short for generally accepted accounting principles. Many, if not most, companies report both GAAP and adjusted numbers.