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Tesla reports higher Q1 revenue, profit

SAN FRANCISCO, April 22 (Xinhua) -- U.S. electric vehicle maker Tesla on Wednesday reported financial results for the first quarter of 2026, with total revenue rising 16 percent year on year to 22.4 billion U.S. dollars.

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Tesla publishes $22.38 billion in revenue in the first quarter of 2026, or 16% more than a year ago.

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At first glance, Tesla's results can be surprising. While sales volumes are falling compared to the end of 2025, the American manufacturer still shows a solid growth in its revenues and profits. A paradoxical performance in the first quarter of 2026 for Tesla In the first three months of 2026, sales reached $22.38 billion. That is a 16% increase over a year. A notable increase, accompanied by a gross profit of $4.72 billion, in sharp increase co…

Tesla published $22.38 billion in revenue for the first quarter of 2026, 16% more than a year earlier. Gross margin jumped to 21.1%. FSD subscriptions reached 1.28 million.

Tesla has released its latest figures for the first quarter. Revenue climbed 16 percent year-over-year to $22.38 billion. The automaker posted a profit of $477 million. However, the gap between production and deliveries remains significant... Read the full article: Tesla Increases Revenue and Profit Where to follow us: Facebook, Reddit, Google News, X, Threads

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elektroauto-news.net broke the news on Wednesday, April 22, 2026.
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