Industry
Tesla reports Q1 2026 earnings: Still profitable
Tesla reported Q1 2026 earnings-per-share of 0.41 and revenues of 22.387 billion, beating analysts' EPS expectation of 0.37 and estimated revenue of 21.92 billion. While the company reported better-th
Tesla reported Q1 2026 earnings-per-share of $0.41 and revenues of $22.387 billion, beating analysts' EPS expectation of $0.37 and estimated revenue of $21.92 billion. While the company reported better-than-expected earnings, revenue came in shy of analysts' expectations as the company's core automotive business continues to struggle. Capital expenditures jumped 67% in the quarter to $2.49 billion, with the company raising its full-year capex guidance to $25 billion.
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Source: Ars Technica | 2026-04-22