Tesla (TSLA) Q1 2026 Earnings: Musk Bets $25B on AI Terafab and Robotics as EV Margins Stabilize
Tesla Inc. (NASDAQ: TSLA) reported its first-quarter 2026 financial results on April 22, 2026, delivering an earnings beat that initially sparked an after-hours rally. However, the narrative shifted dramatically when CEO Elon Musk announced a massive increase in capital expenditure to $25 billion for the year, nearly triple last year's spending, as the company doubles down on its pivot from car manufacturing to AI-powered robotics and autonomous systems.