Tesla said in its second-quarter earnings report that revenue reached $28.236 billion, up 26% from a year earlier and above Wall Street expectations. The filing also showed that as of March 31, 2026, the company held 11,509 Bitcoin on its balance sheet, keeping Tesla among the most closely watched public companies with direct BTC exposure.
The report included an update on Tesla Semi as well. The company said volume production of the electric truck began on April 29 at a dedicated production line at its Nevada Gigafactory, with 2026 deliveries expected to range from 5,000 to 15,000 vehicles. Despite the revenue increase, Tesla posted about $1.11 billion in GAAP net income, slightly lower than the same period last year. The item was published by Techub and cited CryptoBriefing.
Tesla reported $28.236 billion in second-quarter revenue, up 26% year over year and ahead of Wall Street expectations. As of March 31, 2026, the company held 11,509 BTC on its balance sheet.
Earnings report includes Bitcoin and Semi update
The earnings release also said Tesla Semi entered volume production on April 29 at a dedicated line in the Nevada Gigafactory. The company expects 2026 deliveries to be between 5,000 and 15,000 units.
Despite the rise in revenue, Tesla recorded about $1.11 billion in GAAP net income, slightly down from the same period a year earlier.
The item was published by Techub and cited CryptoBriefing.
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