$TSLA - TESLA BEATS EXPECTATIONS DESPITE SLOW SALES

TESLA, INC. REPORTED STRONGER-THAN-EXPECTED Q1 EARNINGS, SHOWING RESILIENCE AS IT INVESTS HEAVILY IN ROBOTICS AND SELF-DRIVING TECH. ADJUSTED EPS CAME IN AT $0.41, BEATING THE $0.34 ANALYST FORECAST AND MARKING A SECOND CONSECUTIVE EARNINGS BEAT.

THIS PERFORMANCE IS NOTABLE GIVEN WEAK VEHICLE SALES EARLY IN 2026. THE COMPANY IS ACCELERATING PRODUCTION ACROSS MULTIPLE FACTORIES AND PLANS TO SPEND $20 BILLION ON EXPANSION THIS YEAR—MORE THAN DOUBLE LAST YEAR.

SHARES ROSE 3% IN AFTER-HOURS TRADING IN NEW YORK.

SHARES OF TESLA UP 4% IN EXTENDED TRADE AFTER QUARTERLY REPORT (@WalterBloomberg)