Tesla’s revenue rises again as it prepares for more AI and robotics

Tesla released its 2026 first-quarter fiscal net today, providing different look astatine the advancement of Elon Musk's $1 trillion stake to alteration his institution into a person of AI and robotics.

Tesla said it earned $477 cardinal successful nett income connected $22.4 cardinal successful gross successful the 4th that ended successful April 2026. That's a 16 percent summation successful gross and a 17 percent summation successful profits implicit the archetypal 4th of 2025, erstwhile the institution earned $409 cardinal successful nett income connected $19.3 cardinal successful revenue. Tesla missed gross expectations from Wall Street, which assumed astir $22.64 cardinal successful revenue.

As portion of the net update deck, Tesl …

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