Tesla's $745M to $895M Loss and Alphabet's $180B AI Bet

Tesla and Alphabet are set to report their Q2 2026 earnings on July 22, sparking interest in both traditional equity markets and crypto.

The companies' financials will also highlight their respective relationships with Bitcoin and AI investment. Tesla holds a significant position of 11,509 BTC, valued between $745 million and $895 million at the time of writing, which generated unrealized losses of between $173 million and $222 million in Q1 2026.

The accounting treatment for crypto positions means these losses will be reflected on Tesla's income statement, giving analysts a point to discuss during earnings calls. Tesla shares have fallen around 15% year-to-date as of mid-July 2026.

Alphabet has been investing heavily in AI initiatives, completing an $80 billion equity raise in June 2026 with Berkshire Hathaway contributing $10 billion. The company's capital expenditure guidance for 2026 is between $180 billion and $190 billion, more than double its spending from the previous year.