Tesla (TSLA) will release its first-quarter 2026 earnings results on April 22, after market close, with the Zacks Consensus Estimate at 36 cents per share and revenues of $21.9 billion. This reflects a year-over-year earnings growth of 33% and revenue growth of 13%.
In Q1 2026, Tesla delivered 358,023 vehicles, a 2.2% increase year-over-year, surpassing estimates by nearly 14,000 units. The company also reclaimed the top position in U.S. EV deliveries, exceeding BYD Co Ltd’s sales of 310,389 units. Tesla’s automotive revenues for the quarter are expected to rise 7% to about $15 billion.
Despite these positive aspects, Tesla’s capital expenditures are projected to exceed $20 billion in 2026, more than double last year’s, which may impact cash flows and operating profits. Year-to-date, Tesla shares are down 11%, indicating market concerns regarding demand and competition.
