Tesla posted adjusted earnings per share of $0.41 for Q1 2026, clearing analyst estimates of $0.34 to $0.36 by a comfortable margin. Revenue hit $22.39 billion, also beating forecasts. On the other side of the Musk empire, SpaceX shares have slid between 19% and 23% from their IPO debut peak after going public on June 15 at roughly $135 per share.
Sitting underneath both balance sheets: a combined pile of more than 30,000 Bitcoin.
Tesla’s earnings paint a resilient picture
The $0.41 adjusted EPS figure represents a $0.05 to $0.07 beat over Wall Street’s consensus range.
Tesla holds approximately 11,509 BTC on its balance sheet. The company originally acquired over 43,000 BTC back in 2021, sold a significant portion, and has maintained its current balance since early 2025. At recent prices, that stash is valued somewhere between $680 million and $895 million, depending on the day.
