Ford Motor Company (NYSE:F) reported revenues of $43.3 billion for the quarter ending March 31, 2026, maintaining a higher net income margin of 6%. Tesla (NASDAQ:TSLA), by contrast, generated $22.4 billion in revenue for the same period, with a net income margin of 4%. Over the past eight quarters, Ford consistently outpaced Tesla in revenue, although Tesla has shown vigorous growth, particularly with a 16% year-over-year increase in Q1 2026.
Investors should note the ongoing fluctuations in the revenue gap between the two companies as it may indicate future trends. In a separate development, Ford announced plans to form a manufacturing joint venture with Geely Auto in Spain, aiming to expand its operational capacity.
As of June 30, 2026, Tesla’s revenue for the second quarter is reported at $28.2 billion. The upcoming quarters will be critical for determining whether Tesla’s accelerating growth can help it close the gap with Ford’s more established revenue streams.
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