Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    What Are Crypto Airdrops and Why Do Projects Use Them
    CryptoMarketNFT

    What Are Crypto Airdrops and Why Do Projects Use Them

    Crypto airdrops are a popular way for projects to attract new users.…

    By
    Shravani Dhumal
    December 7, 2025
    What Is a Centralized Exchange (CEX) and Why Do Institutions Still Trust Them?
    BlockchainCryptoMarketNews
    What Is a Centralized Exchange (CEX) and Why Do Institutions Still Trust Them?
    December 7, 2025
    Why is Tether Buying Gold?
    NewsCryptoMarket
    Why is Tether Outbuying Central Banks in the Gold Market?
    December 6, 2025
    image 98
    CryptoNewsSponsored Article
    Missed Out On Official TRUMP’s Explosive ICO? MoonBull Offers a Second Shot at 100x Gains For Best Meme Coins
    December 6, 2025
    Bitcoin vs Gold Debate 2025: Why CZ Says BTC Beats Gold
    BitcoinCryptoMarketNews
    Bitcoin vs Gold Debate 2025: Why CZ Says BTC Beats Gold
    December 5, 2025
  • Cryptocurrency
    What Are Crypto Airdrops and Why Do Projects Use Them
    What Are Crypto Airdrops and Why Do Projects Use Them
    11 Min Read
    What Is a Centralized Exchange (CEX) and Why Do Institutions Still Trust Them?
    What Is a Centralized Exchange (CEX) and Why Do Institutions Still Trust Them?
    13 Min Read
    Why is Tether Buying Gold?
    Why is Tether Outbuying Central Banks in the Gold Market?
    14 Min Read
    image 98
    Missed Out On Official TRUMP’s Explosive ICO? MoonBull Offers a Second Shot at 100x Gains For Best Meme Coins
    7 Min Read
    Bitcoin vs Gold Debate 2025: Why CZ Says BTC Beats Gold
    Bitcoin vs Gold Debate 2025: Why CZ Says BTC Beats Gold
    9 Min Read
    Chainlink ETF
    Chainlink ETF Launch Draws $64M as GLNK Surges on NYSE
    6 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: Elon Holds the Line: Tesla Keeps $951M in Bitcoin as Profits Plunge
Share
Bitcoin Bitcoin (BTC) $89,467.12 ↓ -0.43%
Ethereum Ethereum (ETH) $3,016.05 ↓ -1.45%
Tether USDt Tether USDt (USDT) $1.00 ↑ 0.02%
XRP XRP (XRP) $2.05 ↑ 0.48%
BNB BNB (BNB) $890.28 ↓ -0.71%
USDC USDC (USDC) $1.00 ↑ 0.01%
Solana Solana (SOL) $130.80 ↓ -1.98%
TRON TRON (TRX) $0.29 ↓ -0.81%
Dogecoin Dogecoin (DOGE) $0.14 ↓ -1.27%
Cardano Cardano (ADA) $0.42 ↑ 0.93%
Bitcoin Cash Bitcoin Cash (BCH) $583.32 ↓ -0.22%
Hyperliquid Hyperliquid (HYPE) $29.13 ↓ -6.47%
Chainlink Chainlink (LINK) $13.56 ↓ -3.09%
UNUS SED LEO UNUS SED LEO (LEO) $9.64 ↑ 0.67%
Stellar Stellar (XLM) $0.24 ↓ -2.25%
Monero Monero (XMR) $371.04 ↓ -5.18%
Ethena USDe Ethena USDe (USDe) $1.00 ↑ 0.00%
Litecoin Litecoin (LTC) $81.16 ↑ 0.02%
Sui Sui (SUI) $1.56 ↑ 1.28%
Avalanche Avalanche (AVAX) $13.33 ↓ -0.58%
Hedera Hedera (HBAR) $0.13 ↓ -1.86%
Zcash Zcash (ZEC) $336.55 ↑ 1.27%
Dai Dai (DAI) $1.00 ↑ 0.02%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -0.22%
World Liberty Financial World Liberty Financial (WLFI) $0.15 ↓ -0.97%
Toncoin Toncoin (TON) $1.58 ↓ -0.69%
PayPal USD PayPal USD (PYUSD) $1.00 ↑ 0.01%
Cronos Cronos (CRO) $0.10 ↓ -1.46%
Mantle Mantle (MNT) $1.09 ↑ 0.91%
Uniswap Uniswap (UNI) $5.48 ↓ -2.16%
Polkadot Polkadot (DOT) $2.10 ↓ -2.01%
Bittensor Bittensor (TAO) $276.09 ↓ -1.92%
Aave Aave (AAVE) $186.11 ↓ -2.59%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.01%
Bitget Token Bitget Token (BGB) $3.54 ↑ 0.37%
OKB OKB (OKB) $107.15 ↓ -0.96%
Canton Canton (CC) $0.06 ↓ -2.54%
NEAR Protocol NEAR Protocol (NEAR) $1.69 ↓ -2.10%
Aster Aster (ASTER) $0.92 ↓ -6.11%
Ethereum Classic Ethereum Classic (ETC) $13.01 ↓ -2.41%
Ethena Ethena (ENA) $0.26 ↓ -1.68%
Pepe Pepe (PEPE) $0.00 ↓ -1.51%
Internet Computer Internet Computer (ICP) $3.39 ↓ -3.60%
Pi Pi (PI) $0.22 ↓ -2.93%
Tether Gold Tether Gold (XAUt) $4,201.75 ↓ -0.08%
Ondo Ondo (ONDO) $0.46 ↓ -2.29%
PAX Gold PAX Gold (PAXG) $4,208.87 ↓ -0.15%
Kaspa Kaspa (KAS) $0.05 ↓ -1.24%
Global Dollar Global Dollar (USDG) $1.00 ↑ 0.01%
Worldcoin Worldcoin (WLD) $0.57 ↓ -1.77%
KuCoin Token KuCoin Token (KCS) $10.13 ↓ -0.33%
MemeCore MemeCore (M) $1.24 ↓ -8.37%
Polygon (prev. MATIC) Polygon (prev. MATIC) (POL) $0.12 ↓ -1.72%
Aptos Aptos (APT) $1.71 ↓ -3.67%
Sky Sky (SKY) $0.05 ↑ 0.55%
Algorand Algorand (ALGO) $0.13 ↓ -1.14%
Arbitrum Arbitrum (ARB) $0.20 ↓ -1.75%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $5.61 ↓ -1.90%
Quant Quant (QNT) $88.85 ↓ -2.04%
VeChain VeChain (VET) $0.01 ↓ -2.81%
Cosmos Cosmos (ATOM) $2.18 ↓ -3.06%
Filecoin Filecoin (FIL) $1.45 ↓ -2.80%
Flare Flare (FLR) $0.01 ↑ 0.02%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -3.13%
Ripple USD Ripple USD (RLUSD) $1.00 ↑ 0.02%
XDC Network XDC Network (XDC) $0.05 ↓ -0.73%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.04%
GateToken GateToken (GT) $10.24 ↑ 0.29%
Sei Sei (SEI) $0.13 ↓ -0.51%
Render Render (RENDER) $1.57 ↓ -2.68%
Bonk Bonk (BONK) $0.00 ↓ -0.02%
PancakeSwap PancakeSwap (CAKE) $2.24 ↓ -1.88%
MYX Finance MYX Finance (MYX) $2.95 ↓ -4.82%
Story Story (IP) $2.10 ↓ -5.48%
Pudgy Penguins Pudgy Penguins (PENGU) $0.01 ↑ 1.15%
Jupiter Jupiter (JUP) $0.22 ↓ -3.85%
Nexo Nexo (NEXO) $0.98 ↑ 1.45%
Aerodrome Finance Aerodrome Finance (AERO) $0.66 ↓ -4.35%
SPX6900 SPX6900 (SPX) $0.64 ↓ -0.08%
Optimism Optimism (OP) $0.30 ↓ -2.68%
Immutable Immutable (IMX) $0.29 ↓ -3.41%
Dash Dash (DASH) $44.85 ↓ -5.03%
Curve DAO Token Curve DAO Token (CRV) $0.39 ↓ -0.38%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $0.83 ↓ -3.03%
Starknet Starknet (STRK) $0.11 ↓ -0.23%
Injective Injective (INJ) $5.41 ↓ -2.49%
USDD USDD (USDD) $1.00 ↓ 0.00%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.23 ↓ -2.34%
Stacks Stacks (STX) $0.29 ↓ -1.71%
Lido DAO Lido DAO (LDO) $0.57 ↑ 0.29%
Tezos Tezos (XTZ) $0.47 ↓ -1.61%
TrueUSD TrueUSD (TUSD) $1.00 ↓ -0.02%
The Graph The Graph (GRT) $0.05 ↓ -2.22%
Telcoin Telcoin (TEL) $0.01 ↓ -4.35%
AB AB (AB) $0.01 ↓ -0.35%
Kaia Kaia (KAIA) $0.08 ↓ -0.96%
ether.fi ether.fi (ETHFI) $0.78 ↓ -1.49%
Celestia Celestia (TIA) $0.56 ↓ -3.69%
Morpho Morpho (MORPHO) $1.22 ↓ -2.14%
FLOKI FLOKI (FLOKI) $0.00 ↓ -1.12%
DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > Crypto > Bitcoin > Elon Holds the Line: Tesla Keeps $951M in Bitcoin as Profits Plunge
NewsBitcoinCrypto

Elon Holds the Line: Tesla Keeps $951M in Bitcoin as Profits Plunge

Elon Holds the Line: Tesla Keeps $951M in Bitcoin as Profits Plunge
Maxwell Mutuma
Last updated: April 23, 2025 11:30 am
By
Maxwell Mutuma
Published April 23, 2025
Published April 23, 2025
Share

Tesla Inc. ended Q1 2025 with $951 million in Bitcoin, reflecting a decline in market value but no sales. The company maintained its position among top corporate crypto holders, despite a 9% drop in quarterly revenue. At the same time, its net income fell sharply, while it held off on revising growth projections for the year.

Contents
  • Tesla Holds Bitcoin Steady Amid Decline
  • Bitcoin Loss Fails to Shake Tesla
  • Tesla Faces Margin Pressure From Tariffs
    • FAQs
      • How much Bitcoin does Tesla currently hold?
      • Why did the value of Tesla’s Bitcoin drop?
      • Did Tesla change how it accounts for crypto?
      • How did Tesla perform financially in Q1 2025?
      • What are Tesla’s plans for the rest of the year?
  • Glossary of Key Terms
    • Sources:

Tesla Holds Bitcoin Steady Amid Decline

The digital assets Tesla owned decreased to $951 million by March 31 since they had $1.076 billion at December 31. This decline followed a drop in Bitcoin’s price, yet the company did not sell any of its holdings. Tesla holds 11,509 Bitcoin, which it first bought in early 2021.

Tesla Holds Bitcoin Steady Amid Decline
Tesla Holds Bitcoin Steady Amid Decline

The reported figure now exists as part of updated FASB accounting rules that force companies to adjust the values of their crypto assets quarterly. Following the previous reporting rules, companies were required to display the lowest price during their business period. Realized gains and losses are now better reflected through these modified accounting procedures.

Tesla’s on-chain data confirmed no Bitcoin sales, aligning with blockchain tracking platforms like Arkham Intelligence. The company maintains a steady crypto strategy despite general market fluctuations in the industry. However, its Bitcoin exposure remains subject to price swings that directly affect quarterly reports.

Bitcoin Loss Fails to Shake Tesla

The digital assets Tesla owned decreased to $951 million by March 31 since they had $1.076 billion at December 31. The price reduction of Bitcoin did not lead to any Bitcoin sales by the company. Tesla holds 11,509 Bitcoin, which it first bought in early 2021.

Bitcoin Loss Fails to Shake Tesla
Bitcoin Loss Fails to Shake Tesla

Current FASB accounting rules require figures to update their crypto asset valuation quarterly. Organizations that applied the previous reporting method needed to display the lowest price their assets achieved during their business period. The changes to accounting procedures better reflect the realization of gains and losses.

Tesla’s on-chain data confirmed no Bitcoin sales, aligning with blockchain tracking platforms like Arkham Intelligence. The company implements a consistent crypto strategy, which continues to be steady even when broader market conditions of the industry experience changes. Bitcoin exposure at the company results in price fluctuations that directly impact the quarterly financial reports.

Tesla Faces Margin Pressure From Tariffs

The CEO, Elon Musk, now puts his energy into Washington to guide initiatives that restructure the federal government. Elon Musk focused more on national policy, while the U.S. trade and tariff frameworks are transforming. These efforts could affect Tesla’s cost structure, especially for imported materials.

White House tariffs implemented new costs for essential EV components, including battery cells, circuit boards, and specialty glass. As a result, Tesla and other automakers may see margin pressure continue through the year. Management experts predict that worldwide companies will revise their procurement approaches.

Tesla’s financial performance now hinges on market dynamics and evolving regulatory conditions. The market closely monitors Tesla’s business approach and financial resource distribution plan adjustments. Despite earnings weakness, Tesla’s long-term crypto and technology investments remain core to its identity.

FAQs

How much Bitcoin does Tesla currently hold?

Tesla holds 11,509 Bitcoin, which it acquired beginning in 2021. No sales were reported during the first quarter of 2025.

Why did the value of Tesla’s Bitcoin drop?

The value declined due to a drop in Bitcoin’s market price during the first quarter, not because of asset sales.

Did Tesla change how it accounts for crypto?

Yes, Tesla now uses FASB’s updated rule, marking crypto holdings to market each quarter, improving reporting accuracy.

How did Tesla perform financially in Q1 2025?

Tesla’s revenue declined by 9%, and its net income fell to $409 million, reflecting weaker automotive sales and higher costs.

What are Tesla’s plans for the rest of the year?

Tesla did not issue new growth guidance and plans to revisit its 2025 outlook in the next quarterly report.

Glossary of Key Terms

Bitcoin – A digital currency based on blockchain technology used as a decentralized store of value.

FASB (Financial Accounting Standards Board) – An organization that sets accounting standards for public companies in the United States.

Mark-to-market – An accounting method that values assets based on their current market price instead of historical cost.

Automotive Revenue – Income from selling electric vehicles and related automotive products and services.

Tariff – A government-imposed tax on imported goods that can affect costs and pricing in global supply chains.

Sources:

Coindesk

SEC

Arkham Intelligence

Financial Accounting Standards Board

Advertising

For advertising inquiries, please email . [email protected] or Telegram

Best Cryptos to Hold: Qubetics Sees Record Demand as XRP and BNB Adapt to Market Shifts

Phishing Scammer Reawakens, Moves $2.7M After $55.4M DAI Heist

$600B US–Saudi Trade Deal Sends Crypto Soaring: Is This the Start of a New Bull Cycle?

Coinbase Launches XRP and Solana Perpetual Futures for U.S. Traders

Chainlink and Mastercard Join Forces, Powell Signals Crypto Freedom, and New Bitcoin Whale Emerges

TAGGED:BitcoinBTC PriceElon MuskTesla

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByMaxwell Mutuma
Follow:
Maxwell is a crypto-economic analyst and Blockchain enthusiast, passionate about helping people understand the potential of decentralized technology. I write extensively on topics such as blockchain, cryptocurrency, tokens, and more for many publications. My goal is to spread knowledge about this revolutionary technology and its implications for economic freedom and social good.
Previous Article Top Altcoin 2025 XRP vs Ethereum in 2025: Is the King of Altcoin at Risk of Losing Its Crown?
Next Article Crypto Nation? Over 50% of South Koreans Now Own Digital Assets Crypto Nation? Over 50% of South Koreans Now Own Digital Assets
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Bitcoinbitcoin
$89,472.00
24h Volume
$25,957,746,262
Market Cap
$1,785,853,647,707
24h Low/High
$87,887.00 / $89,833.00
24h ▼0.40%
7d ▼2.16%
Subscribe to our newslettern

Get Newest Articles Instantly!

Popular News
AI regulations
AI Regulations Discussed at United Nations Conference
gorilla
Gorilla Sudden Ascent in the Crypto Market
dog runes 1
BNB Bull Run Unpacking the Recent Surge in Market Valuation
bitcoin
Bitcoin Surges Amidst Optimistic Market Conditions
trump coin
Super Trump Coin Soars Analyzing Its Recent Surge in the Crypto Market
mogg coin
Mog Coin Surges Unpacking Its Rise and Future Prospects in Crypto
pendle coin
Pendle Soars Analyzing Its Recent Price Surge and Market Dynamics
stack coin
Stacks (STX) Sees Significant Gains with an 11.77% Surge in the Crypto Market

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
© DT News. All Rights Reserved.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English