Tesla disclosed that it did not adjust its Bitcoin holdings in the first quarter of 2026, still holding 11,509 BTC, worth approximately $880 million at current prices. Due to the drop in Bitcoin's price from approximately $90,000 to $68,000, the company recorded an after-tax fair value loss of approximately $173 million on its digital assets. Despite this, Tesla's overall financial performance was mixed, with earnings exceeding expectations but revenue slightly below market expectations, driving its stock price up approximately 4% in after-hours trading.