robotics / news / / Financial Post
Tesla Inc. reported first-quarter earnings that beat Wall Street’s estimates.
Tesla's adjusted earnings per share were 41 cents, beating analysts' estimate of 34 cents.
KEY POINTS
- A one-time warranty and tariff-related boost, plus higher vehicle prices, contributed to profit.
- Tesla reported positive cash flow of $1.4 billion versus an expected cash burn of $1.9 billion.
- Tesla plans $20 billion in 2026 capital expenditures, more than double last year’s total.
COMPANIES
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