Tesla holds 11,509 BTC for nearly four years without buying or selling, recording $112 million impairment loss

Tesla's Bitcoin reserve remains unchanged at 11,509 BTC, continuing its nearly four-year streak of not buying or selling the cryptocurrency, while recording a $112 million after-tax impairment loss on its digital asset holdings. Bitcoin fell 14% from approximately $83,000 to $58,000 in the second quarter, before recovering to around $65,840. Tesla reported second-quarter revenue of $28.2 billion, beating expectations, while adjusted earnings per share of $0.33 fell short of estimates.