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Tesla Reports Record Revenues and Healthy Margins in Q2 FY23 Earnings Report, Continues to HODL Bitcoin Holdings

Tesla's Q2 FY23 earnings report has shown impressive results despite the current state of the economy. The company achieved record production and delivery numbers, as well as generating the highest revenue of any quarter to date, with $24.9 billion.

This represents a 47% increase in profit year-over-year. Despite selling 75% of Tesla's Bitcoin holdings last year due to a lack of liquidity, Elon Musk has refrained from selling any more and appears to still believe in the value of Bitcoin.

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