genai / news / / Seeking Alpha
Tesla Q1 2026 earnings showed consensus-beating profits with substantial expansions in both gross and operating margins.
Tesla's Q1 2026 gross and operating margins expanded by 478 and 214 basis points year-over-year.
KEY POINTS
- Tesla service revenues rose 42% to $3.75B, now exceeding 23% of automotive revenue.
- FSD adoption increased to 1.28 million subscriptions with 9 billion miles driven recorded.
- Tesla’s growing service and software revenue streams are reducing reliance on hardware and regulatory credits.
COMPANIES
Summarized by Newsio from Seeking Alpha. How we summarize →