Altcoins News

Story: Tesla loses $239 million due to bitcoin plunge

By Jean-Luc Maracon

1 / 15

Tesla takes a hit. The 30% drop in Bitcoin since October has cost Elon Musk's company $239 million after taxes in the fourth quarter of 2025.

2 / 15

Bitcoin is a rollercoaster right now. Tesla, which holds one of the largest crypto portfolios among publicly traded companies, suffers with each dive.

3 / 15

Flashback: $1.5 billion invested in 2021.

4 / 15

Tesla bet big on Bitcoin four years ago. Diversification strategy, they said. Musk wanted to break new ground, putting some cash into something different.

5 / 15

Tesla is not alone in this mess. Other companies that have invested in cryptocurrencies are also taking hits.

6 / 15

Investors are on high alert. A decision on Bitcoin management could come soon, but no official statement has been released. Tesla remains silent on its future intentions.

7 / 15

Bitcoin remains volatile, that's its thing. It could continue to impact Tesla's future results. For now, the company plays the mystery card.

8 / 15

The fourth-quarter results were released on January 28. Zach Kirkhorn, Tesla's CFO, spoke during the conference call.

9 / 15

Tesla shares moved after the announcement. On January 29, the stock closed down 2.5% on Wall Street. Investors digest the info, analyze the implications.

10 / 15

Strange for someone who usually tweets about everything and anything, especially cryptos. His silence is noticed, commented on, analyzed.

11 / 15

The shareholders' meeting is approaching in February. That's where questions about Bitcoin's future at Tesla might arise.

12 / 15

The results also show a drop in gross margin: from 25% to 22% compared to the previous quarter. Bitcoin losses explain part of this drop, but production costs have also increased.

13 / 15

A Morgan Stanley analyst questioned Musk on January 28 during the conference. Evasive response: Tesla "constantly evaluates its financial priorities.

14 / 15

Bitcoin hovered around $34,000 on January 29. A slight rebound from December's low, but it remains fragile. Volatility continues, Tesla remains exposed.

15 / 15

No official comment on a strategy change for now. Investors remain in suspense, speculations continue.

The Currency Analytics

Want the full story?