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Tesla, Inc. (TSLA) Q1 2026 Earnings Call Transcript

Financial
April 23, 2026
seekingalpha.com

Tesla, Inc. (TSLA) Q1 2026 Earnings Call Transcript

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Tesla, Inc. (TSLA) Q1 2026 Earnings Call April 22, 2026 5:30 PM EDTCompany ParticipantsTravis Axelrod - Head of Investor RelationsElon Musk - Co-Founder,...

Q1: 2026-04-22 Earnings Summary

EPS of $0.41 beats by $0.06

 | 

Revenue of

$22.39B

(15.78% Y/Y)

beats by $188.17M

Tesla, Inc. (TSLA) Q1 2026 Earnings Call April 22, 2026 5:30 PM EDT

Company Participants

Travis Axelrod - Head of Investor Relations
Elon Musk - Co-Founder, Technoking of Tesla, CEO & Director
Vaibhav Taneja - Chief Financial Officer
Ashok Elluswamy - Executive Officer
Micheal Snyder - Vice President of Energy & Charging
Lars Moravy - Vice President of Vehicle Engineering

Conference Call Participants

William Stein - Truist Securities, Inc., Research Division
Pierre Ferragu - New Street Research LLP
Dan Levy - Barclays Bank PLC, Research Division
Mark Delaney - Goldman Sachs Group, Inc., Research Division
Colin Langan - Wells Fargo Securities, LLC, Research Division

Presentation

Travis Axelrod
Head of Investor Relations

Good afternoon, everyone, and welcome to Tesla's First Quarter 2026 Q&A Webcast. My name is Travis Axelrod, Head of Investor Relations, and I'm joined today by Elon Musk, Vaibhav Taneja and a number of other executives.

Our Q1 results were announced at about 3:00 p.m. Central Time in the update deck we published at the same link as this webcast.

During this call, we will discuss our business outlook and make forward-looking statements. These comments are based on our predictions and expectations as of today. Actual events or results could differ materially due to a number of risks and uncertainties, including those mentioned in our most recent filings with the SEC.

During the question-and-answer portion of today's call, please limit yourself to 1 question and 1 follow-up. [Operator Instructions]

Before we jump into Q&A, Elon has some opening remarks. Elon?

Elon Musk
Co-Founder, Technoking of Tesla, CEO & Director

Thank you. So I think we've got a very exciting year ahead of us with 2026. We're going to be substantially increasing our investments in the future so you should expect to see significant -- a very significant increase in capital expenditures, but I think well justified for a substantially increased future revenue