# Tesla Inc. unveiled its first-quarter financial results, reporting a 16% increase year-over-year.

*business · news · 2026-04-26 · Benzinga*

## Key points

- Tesla's Q1 revenue rose 16% year-over-year but missed analyst expectations by $320 million.
- Trump proposed a government purchase of Spirit Aviation, claiming the deal would be virtually debt-free.
- Pony AI projects its 2027 Robotaxi cost in China will drop 70% to under $33,700.
- Xpeng plans mass production of Robotaxis within 18 months and aims for flying car deliveries by 2027.

**Companies:** Tesla Inc., Ford Motor, Spirit Aviation Holdings Inc., Pony AI, Xpeng
**Countries:** United States, China

[Read the full story on Benzinga](https://www.benzinga.com/markets/tech/26/04/52052789/weekend-round-up-teslas-q1-results-fords-ev-setback-trump-eyes-spirit-acquisition-warrens-pushback-on-airline-merger-and-more)

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