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Tesla’s $951M Crypto Bet Fails to Offset Earnings Miss—’Hodl’ Strategy Questioned

Tesla’s $951M Crypto Bet Fails to Offset Earnings Miss—’Hodl’ Strategy Questioned

Author:
CoindeskEN
Published:
2025-04-22 21:23:59
17
1

Tesla Reports $951M in Crypto Holdings as it Misses Earnings

Despite sitting on nearly $1B in digital assets, Tesla’s Q1 earnings stumble sparks fresh debate: is crypto a hedge or just Elon’s expensive hobby? Analysts note the irony—a company that once dumped Bitcoin ’for ESG reasons’ now clings to a volatile stash while margins erode. Bonus jab: At least the crypto bag didn’t get repossessed.

|Square

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