Tesla Reports No Bitcoin Transactions in Q1 2023

April 20, 2022

Tesla did not buy or sell any bitcoin in Q1 2023

The value of digital assets held was $184 million, unchanged from Q4 2022.

Bitcoin rose from $16,500 to $28,500 in Q1, but gains couldn't be booked.

Tesla made no changes to the amount of bitcoin it held for three consecutive quarters.

Q1 adjusted earnings per share (EPS) was 85 cents, meeting analyst estimates.

Q1 revenue of $23.33 billion was lower than the expected $23.6 billion.

After-hours trading saw Tesla shares fall 4.2% following the earnings release.