Tesla maintained its Bitcoin holdings at 11,509 BTC during Q1 2026, despite Bitcoin's 22% price drop from nearly $90,000 to around $68,000. The decline reduced Tesla's digital asset value from $1 billion to $786 million, resulting in an after-tax loss of $173 million. However, Tesla did not sell its holdings and benefited from a price rebound in April, with Bitcoin trading between $77,700 and $78,000, valuing Tesla's holdings at approximately $900 million. Tesla's Q1 earnings report revealed revenue slightly below expectations at $22.39 billion to $22.71 billion, while adjusted earnings per share exceeded forecasts at $0.41. Automotive revenue rose to $16.2 billion, and Full Self-Driving subscriptions reached 1.28 million. Despite lower-than-expected vehicle deliveries, production exceeded 408,000 units, highlighting Tesla's resilience amid market challenges.