The Guardian | Tesla reports mixed financial results as Musk pivots automaker to AI and robots by Nick Robins-Early

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Tesla’s first‑quarter report showed earnings of $0.41 a share, beating Wall Street’s $0.37 estimate, but revenue of $22.39 bn fell short of the $22.6 bn forecast and the news did little to lift its stock, which has slipped about 11 % this year. While demand for its vehicles is said to be rebounding, deliveries of roughly 358,000 cars missed expectations, and the company discontinued its Model S and Model X as competition from Chinese makers intensifies. CEO Elon Musk used the earnings call to stress Tesla’s shift toward artificial‑intelligence projects, emphasizing the development of the Optimus humanoid robot, self‑driving robotaxis in several U.S. cities, and broader AI ambitions, though tangible revenue from these ventures remains unproven. Investors remain skeptical about the timing of these goals, and the firm’s stock performance continues to lag behind other mega‑cap peers despite Musk’s lofty promises.

Read more: https://www.theguardian.com/technology/2026/apr/22/tesla-first-quarter-report-earnings

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https://www.theregister.com/2026/03/20/alibaba_q3_2025