# Tesla's first quarter earnings beat Wall Street's expectations.

*semiconductor · news · 2026-04-22 · NPR*

## Key points

- Tesla plans to spend $25 billion in 2024 on AI, chips, and manufacturing.
- Tesla's profits this quarter were its second-worst in 12 quarters, despite beating Wall Street forecasts.
- Tesla discontinued the Model S and X to focus production lines on the Optimus humanoid robot.
- Optimus humanoid robot will enter production this summer and be available outside Tesla next year.

**Companies:** Tesla
**Countries:** United States, Taiwan

[Read the full story on NPR](https://www.npr.org/2026/04/22/nx-s1-5791653/tesla-earnings-first-quarter-2026)

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