US Top News and Analysis | Tesla set to report first-quarter results after the bell

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Tesla’s first‑quarter earnings, released after market close, showed the company’s stock down about 14% year‑to‑date, lagging all of its megacap peers, while analysts forecast roughly 17% revenue growth to $22.64 billion. The automaker delivered 358,023 vehicles in Q1—a dip from the previous quarter but a 6% increase versus a year earlier—and deployed only 8.8 GWh of battery storage, well below the 14.2 GWh recorded in Q4 2025. Facing competitive pressure from lower‑cost rivals such as China’s Xiaomi and BYD and a consumer backlash linked to CEO Elon Musk’s political activities, Tesla is shifting focus toward its self‑driving technology, the $99‑per‑month Full‑Self‑Driving (FSD) system, and its humanoid “Optimus” robots, while its robotaxi service—currently operating with human safety supervisors—has expanded to Dallas and Houston. At the same time, Musk merged SpaceX with his AI venture xAI in a deal valued at $1.25 trillion, paving the way for a joint IPO and new collaborations that include a Texas chip‑fabrication plant and deeper AI integration into Tesla vehicles and robotics, prompting investors to seek concrete updates on autonomous‑driving milestones, robot deployments, and the evolving ride‑hailing business.

Read more: https://www.cnbc.com/2026/04/22/tesla-tsla-q1-2026-earnings-report.html

#Tesla #ElonMusk #Xiaomi #BYD #Optimus

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