Tesla Corp. (TSLA) is set to report its first-quarter earnings for 2026 on April 22, 2026, after previously beating earnings estimates, despite experiencing a first-time annual revenue decline. Analysts project a year-over-year earnings growth of around 40% for this quarter. However, the company faced challenges in the first quarter, delivering only 358,023 vehicles, missing analysts’ expectations of 370,000, which reflects a significant 14% drop in global vehicle deliveries.
In contrast, Chinese competitor BYD Co. Ltd. (BYDDF) continues to outperform Tesla, having sold 2.25 million electric vehicles in 2025, surpassing Tesla by approximately 600,000 units. Moreover, BYD’s vehicles are priced around $10,000, significantly lower than Tesla’s cheapest model, which poses a severe competitive threat. Meanwhile, production goals for Tesla’s humanoid Optimus robots have also fallen short, further complicating the company’s path forward as it struggles with both production and market competition.
