Tesla posts 358,023 Q1 deliveries
- Tesla reported 358,023 vehicle deliveries in Q1 2026 and produced 408,386 cars while deploying 8.8 GWh of energy storage, the company said in its April production update. - On April 22 Tesla posted Q1 financials showing $22.39 billion in revenue and $0.41 adjusted EPS, and management said paid Robotaxi miles nearly doubled sequentially in the quarter. - Investors are shifting focus toward Tesla’s AI, Robotaxi and planned Megapack 3 production as unit growth softens after the April 22 earnings call. (assets-ir.tesla.com)
Tesla delivered 358,023 vehicles in Q1 2026 and reported $22.39 billion in revenue, the company said. (assets-ir.tesla.com) The automaker produced 408,386 vehicles in the quarter while deployments of energy storage reached 8.8 GWh. (ir.tesla.com) (electrek.co) Those production and delivery figures left roughly 50,000 more cars on Tesla’s books than were delivered, signaling a build in inventory during Q1. (electrek.co) (stocktitan.net) In the April 22 earnings release Tesla reported $0.41 adjusted earnings per share and guided 2026 capital spending above $25 billion to accelerate AI, robotics and chip investments. (forbes.com) (electrek.co) Management told investors paid Robotaxi miles nearly doubled sequentially in Q1 and said Tesla launched unsupervised Robotaxi rides in Dallas and Houston in April. (assets-ir.tesla.com) (finance.yahoo.com) Tesla’s Q1 update also said the company has prepared lines for start of production for Cybercab, the Tesla Semi and Megapack 3 as it scales AI, autonomy and energy products. (assets-ir.tesla.com) On the call CEO Elon Musk said Tesla is “excited to begin production of Megapack 3 later this year” at a new factory outside Houston. (marketbeat.com) Industry reporting notes the Houston megafactory has been described as capable of roughly 50 GWh annually and that many outlets expect first volumes in late 2026, creating a range of timing estimates. (electrek.co) (techcrunch.com) Markets reacted cautiously: shares traded down about 1% in after-hours trading on April 22 as investors digested higher capex guidance and the mixed delivery picture. (morningstar.com) (google.com/finance) Deliveries missed some Wall Street estimates for the quarter by several thousand units, reinforcing a narrative that Tesla’s near-term story is shifting from unit growth to AI, software and energy execution. (electrek.co) (assets-ir.tesla.com) Investors will be watching paid Robotaxi miles, Megapack 3 production timing and execution against the company’s elevated 2026 capex plan as Tesla moves from selling primarily cars toward adding AI and grid-scale energy revenues. (assets-ir.tesla.com)
