Tesla’s Q1 2025 earnings report reveals adjusted profits of $900 million, heavily influenced by crypto loss adjustments and a notable holding of over 11,509 BTC. Despite CEO Elon Musk remaining silent on the matter, the company emphasizes transparency in its financial reporting. The crypto accounting scrutiny has sparked discussion regarding regulatory frameworks and digital asset reporting. The earnings announcement provides insight into the evolving landscape of financial reporting in the age of digital assets. 11,509 BTC held by Tesla are worth over $1 billion. Notably, there was no immediate market reaction following the release. The lack of significant price fluctuations suggests investors are still gauging the long-term implications of these financial adjustments.