Tesla still holds 11,509 BTC worth nearly $1 billion, despite price drops since late 2024. In Q1 2025, revenue hit $19.34 billion, missing expectations; automotive sales fell 20%, and net income plunged 71%. TSLA shares are down 41% year-to-date. Elon Musk announced he’ll reduce time spent at DOGE – the Department of Government Efficiency – starting in May, but will continue supporting President Trump’s mission to cut waste and shrink the federal government.
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Tesla still holds 11,509 BTC worth nearly $1 billion, despite price drops since late 2024. In Q1 2025, revenue hit $19.34 billion, missing expectations; automotive sales fell 20%, and net income plunged 71%. TSLA shares are down 41% year-to-date. Elon Musk announced he’ll reduce time spent at DOGE – the Department of Government Efficiency – starting in May, but will continue supporting President Trump’s mission to cut waste and shrink the federal government.