Elon Musk said Wednesday that millions of Tesla owners will need hardware upgrades to run a future version of its Full Self-Driving software that doesn't require human supervision — after he and Tesla spent years promising that wouldn't be the case.
Tesla's Chief Executive Officer Elon Musk said on Wednesday the company plans to use Intel's advanced 14A manufacturing process for making chips at its Terafab project.
Tesla (TSLA) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.27 per share a year ago.
Tesla, Inc. delivered a double beat in Q1, with revenues and profits exceeding Wall Street expectations, driving a positive immediate market reaction. TSLA's gross margin improved significantly to 21.1%, aided by higher average selling prices and robust growth in its services business, especially FSD subscriptions. Despite operational improvements, TSLA trades at an extremely elevated valuation, with free cash flow yield at 0.4% and adjusted earnings multiples near 250x.
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Tesla, Inc. reported Q1 results with both vehicle deliveries and energy deployments missing Street estimates, reflecting a slow start to 2026. Q1 revenue and EPS growth beat expectations, but a number of positive one-time items may have had a significant impact. TSLA stock trades at over 190x expected 2026 earnings, a significant premium to both traditional automakers and major tech peers.
Tesla saw an uptick in revenue and profit year-over-year, figures buoyed by an increase in automotive revenue and other services, including subscriptions to its Full Self-Driving advanced driver assistance system, which reached 1.28 million.
Morningstar's Seth Goldstein joins 'Closing Bell Overtime' with initial reaction to Tesla quarterly results.
There's a lot of tech earnings to discuss in Wednesday's earnings after the closing bell, led by Mag 7 giant Tesla (TSLA). Marley Kayden, Sam Vadas, and Kevin Green break down the company's beat and slew of updates regarding robotaxi.
The Westly Group founder Steve Westly, a former Tesla board member, reacts to Tesla's first-quarter earnings that beat Wall Street's estimates on "Bloomberg The Close." -------- More on Bloomberg Television and Markets Like this video?
Electric vehicle giant Tesla Inc (NASDAQ:TSLA) reported first-quarter financial results on Wednesday after market close. Here are the key highlights.
On April 22, 2026, Tesla Inc (TSLA) released its 8-K filing reporting first-quarter 2026 results. Total revenue was $22.39 billion. GAAP diluted EPS was $0.13.