Tesla reported first-quarter earnings on Wednesday that beat analysts’ estimates even as revenue came in weaker than expected.
Here’s how the company did, compared with estimates from analysts polled by LSEG:
- Earnings per share: 41 cents adjusted vs. 37 cents expected
- Revenue: $22.39 billion vs. $22.64 billion expected
Tesla’s stock has underperformed all of its megacap peers so far this year, dropping 14% as of Wednesday’s close. The company’s core automotive business continues to struggle against competition from competitors across the globe like BYD in China.
Revenue increased 16% in the quarter from $19.3 billion a year earlier.
Source: https://www.cnbc.com/2026/04/22/tesla-tsla-q1-2026-earnings-report.html
Tesla beats on earnings but misses on revenue
byu/Puginator instocks
Posted by Puginator
11 Comments
And it’s up !
PE of 373. Right
How is this shit up and servicenow down??
Well, it didn’t get demolished on the ER so I guess the stock will probably pump a lot.
What a load of shit. How is the PE ratio still justified in any way?
Tesla is up and Now is down LOL
Inverse Reddit strikes again
so, is this good or bad?
Here for my quarterly sodium supplement.
That’s hardly a revenue miss.
Anyone think TSLA can hit $475 over the next month?
Who drives such junk cars??