Tesla’s revenue rises again as it prepares for more AI and robotics

Tesla posted $22.4 billion in Q1 2026 revenue and $477 million in net income, improving year over year but slightly missing Wall Street’s revenue estimate.

The company said it will begin preparations in Q2 for a large-scale Optimus robot factory and keep advancing Dojo 3.

Tesla also reaffirmed progress on robotaxi, Full Self-Driving, and new vehicle plans.

The results highlight a business shift toward AI, robotics, and autonomy alongside a recovery in core earnings.