Core Insights - Tesla's Q2 earnings report fell short of market expectations, leading to an 8.20% drop in stock price, accumulating a 25% decline year-to-date, making it the worst performer among tech giants [1][3] - The company faces pressure from expiring Trump tariffs and electric vehicle tax credit policies, which may impact its core automotive business [1][3] Financial Performance - Tesla's total net profit for Q2 was $1.17 billion, with Bitcoin-related earnings contributing $284 million, highlighting significant operational pressure [3] - The company missed out on over $3.5 billion in potential Bitcoin investment gains since selling 75% of its holdings in mid-2022, as Bitcoin's price has increased sixfold since then [1][3] Strategic Focus - CEO Elon Musk has emphasized that Tesla's operational focus will shift towards Robotaxi and humanoid robot Optimus, rather than cryptocurrency investments [3] - Since the Bitcoin sale in 2022, Musk has rarely discussed cryptocurrencies publicly, although he maintains holdings in Bitcoin, Ethereum, and Dogecoin [3]