Tesla confirms no Bitcoin sales in Q1 despite market selloff
Crypto Briefing
Tesla maintained its holdings of 11,509 Bitcoin throughout the first quarter of 2026 despite significant market volatility and a sharp decline in value.Summary
Tesla reported in its Q1 2026 earnings that it did not sell any of its 11,509 Bitcoin holdings, despite a 22% market downturn that reduced the value of its digital assets from $1 billion to $786 million. While the company's Q1 revenue grew 16% to $22.38 billion, driven by services and self-driving subscriptions, vehicle deliveries missed expectations. Tesla is currently shifting focus toward a $25 billion investment in AI and robotics, signaling potential negative cash flow in upcoming periods.
(Source：Crypto Briefing)