Tesla Q1: 358,023 deliveries, $22.39B revenue
- Tesla reported Q1 2026 results showing 358,023 vehicle deliveries and $22.39 billion in revenue, with production and delivery figures published in April 2026. - The company produced 408,386 vehicles in Q1 while deliveries left roughly 50,000 cars added to inventory; management also raised 2026 capital-expenditure guidance to about $25 billion to fund AI and factories. - The delivery miss and capex bump have sparked volatile market reactions and renewed investor scrutiny of Tesla’s production-to-demand balance. (ir.tesla.com)
Tesla reported 358,023 vehicle deliveries in Q1 2026 and $22.39 billion in revenue in its April 2026 results. (ir.tesla.com) The company produced 408,386 vehicles during Q1 2026 while delivering 358,023, leaving roughly 50,000 more cars built than sold in the quarter. (businesswire.com) (electrek.co) Tesla posted net income of $477 million and GAAP earnings per share of $0.41 for Q1, with revenue rising about 16% year-over-year to $22.39 billion. (forbes.com) (cnbc.com) Management raised 2026 capex guidance to roughly $25 billion from prior guidance near $20 billion, citing investments in AI, robotics, chip fabs and multiple factory ramps. (cnbc.com) (techcrunch.com) Tesla’s investor update said demand rebounded in EMEA, North America and parts of APAC, and management highlighted improving trends in Europe during the quarter. (assets-ir.tesla.com) (cnbc.com) Markets reacted quickly: shares swung in after-hours trading following the release and the stock finished the week lower as investors digested the delivery shortfall and the bigger capex plan. (techcrunch.com) (finance.yahoo.com) Energy-storage deployments were 8.8 GWh in Q1 2026, down notably from the prior quarter, a decline Tesla disclosed alongside vehicle figures. (ir.tesla.com) (electricvehicleshq.com) Tesla said it is ramping AI compute and new battery and factory lines, and it pointed to progress on Optimus, Robotaxi and Megapack 3 as it spends into 2026. (assets-ir.tesla.com)
