Wu said he learned that Tesla’s total revenue for the first quarter of 2026 was $22.387 billion, up 16% year over year; gross profit was $4.72 billion, with a gross margin of 21.1%; operating profit was $941 million, with an operating margin of 4.2%; GAAP net profit was $477 million, while non-GAAP net profit was $1.453 billion; operating cash flow was $3.937 billion, free cash flow was $1.444 billion, and cash, cash equivalents, and short-term investments were $44.743 billion; regarding digital assets, the company did not disclose any Bitcoin buy/sell operations. The carrying value of its digital assets decreased from approximately $1.008 billion at the end of the previous quarter to $786 million, mainly due to fair value adjustments caused by the decline in the price of Bitcoin.