Elon Musk's Tesla has held on to its BTC reserves for the seventh quarter in a row, as established in its latest Q1 2024 earnings report.
The largest electric vehicle (EV) manufacturer, Tesla, released its financial report for Q1 2024 with no signs of selling any of its Bitcoin (BTC) holdings while its total revenue plunged. According to the report, Tesla's total revenue declined by 15.
The company of Elon Musk did not sell any part of the $711 million worth of Bitcoin in Q1 2024.
Tesla, the leading e-car manufacturer, keeps holding $184 million worth of digital assets on its balance sheet, according to its Q1 earnings results.
Tesla holds onto its substantial Bitcoin stash in Q1 2024, with no sales reported.
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