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Stockreport

Tesla’s revenue rises again as it prepares for more AI and robotics [Verge, The]

Tesla, Inc. (TSLA)  More Company Research Source: Verge, The
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Tesla released its 2026 first-quarter financial earnings today , providing another look at the progress of Elon Musk's $1 trillion bet to transform his company into a leader of AI and robotics. Tesla said it earned $477 million in net income on $22.4 billion in revenue in the quarter that ended in April 2026. That's a 16 percent increase in revenue and a 17 percent increase in profits over the first quarter of 2025, when the company earned $409 million in net income on $19.3 billion in revenue. Tesla missed revenue expectations from Wall Street, which assumed approximately $22.64 billion in revenue. As part of the earnings update deck, Tesla said that preparations for its first “large-scale” factory to build its Optimus robots will begin in Q2. “The first-generation line, designed for 1 million robots a year, will replace the Model S and Model X lines in Fremont,” Tesla said. Gigafactory Texas will host the second-generation line, “which is being designed for long-term annua [Read more]
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Stockreport

Tesla’s revenue rises again as it prepares for more AI and robotics [Verge, The]

Tesla, Inc.  (TSLA) 
More Company Research Source: Verge, The
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Tesla released its 2026 first-quarter financial earnings today , providing another look at the progress of Elon Musk's $1 trillion bet to transform his company into a leader of AI and robotics. Tesla said it earned $477 million in net income on $22.4 billion in revenue in the quarter that ended in April 2026. That's a 16 percent increase in revenue and a 17 percent increase in profits over the first quarter of 2025, when the company earned $409 million in net income on $19.3 billion in revenue. Tesla missed revenue expectations from Wall Street, which assumed approximately $22.64 billion in revenue. As part of the earnings update deck, Tesla said that preparations for its first “large-scale” factory to build its Optimus robots will begin in Q2. “The first-generation line, designed for 1 million robots a year, will replace the Model S and Model X lines in Fremont,” Tesla said. Gigafactory Texas will host the second-generation line, “which is being designed for long-term annua [Read more]
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TSLA
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%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
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Multi-day stock performance from the time of the news release
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