Tesla posted Q1 2026 EPS of $0.41 on $22.39 bn revenue, beating estimates of $0.36 and $22.28 bn.
Company lifted full‑year capex guidance to over $25 bn from prior $20 bn target, prompting a 2.2% pre‑market share decline.
Total vehicle deliveries rose 6% YoY to 358,023, production increased 13% YoY to 408,386 units, with automotive revenue up 16% to $16.23 bn.
Musk said Optimus robot production starts Q2 with 1 M capacity, while Cybercab paid miles nearly doubled but revenue remains modest this year.