Tesla (TSLA) Q1 2026 Earnings: Revenue at $22.4B, EPS Beats
Published on Β· Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowTesla (TSLA) reported Q1 2026 earnings on April 22, revealing a revenue of $22.4 billion, exceeding the $21.1 billion consensus estimate. Adjusted EPS reached 41 cents, higher than the 30-cent forecast. Free cash flow was $1.4 billion, although auto gross margins were supported by a $230 million warranty reserve release and a $250 million tariff rebate. Morgan Stanley maintains an equal-weight rating with a $415 price target, forecasting a 9% to 11% upside from current trading levels between $375 and $380.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About Tesla Inc. (TSLA)
Tesla is the leading electric-vehicle maker, also building energy-storage systems, solar products, and autonomous-driving and robotics technology.
The Consumer Discretionary sector covers retailers, automakers and leisure companies whose sales rise and fall with consumer confidence.
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