Tesla’s first quarter of 2025 was a rollercoaster. The EV giant reported a sharp 9% revenue drop—down to $19.3 billion from $21.3 billion—marking one of its toughest quarters in recent memory. Tariffs on imported EV components, part of Trump’s renewed trade policy, bit hard into the company’s margins. Automotive sales took the biggest hit, plunging over 20% year-over-year, and earnings dropped to just 12 cents per share, a steep fall from 41 cents.
But in the middle of all the turbulence, one thing didn’t budge: Tesla’s Bitcoin. Despite a volatile crypto market and an 11.7% drop in Bitcoin’s value during the quarter, the company held tight to its 11,509 BTC, worth $951 million at quarter’s end under new fair-value accounting rules.
That decision sent a clear signal—Tesla isn’t in crypto for short-term gains. As markets flinch and revenues fall, the company’s commitment to its digital assets stands firm, a quiet but bold declaration of long-term belief in Bitcoin’s future. Show Less
