business / news / / WTOP
The electric vehicle maker said it earned $477 million in the quarter.
Tesla's profit increased 17% in Q1 2026 compared to the previous year.
KEY POINTS
- Adjusted earnings per share were 41 cents, beating Wall Street estimates of 36 cents.
- Robotaxi miles doubled in Q1 compared to the previous quarter, signaling accelerating adoption.
- Production of Cybercabs without pedals or a wheel has started at Tesla.
- Tesla plans to expand robotaxi services to major cities within this year.
COMPANIES
Summarized by Newsio from WTOP. How we summarize →