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Tesla posts Q1 2026 earnings: Remains profitable

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Tesla posts Q1 2026 earnings: Remains profitable

A portion of Musk’s pay is now linked to the number of active full self-driving subscriptions, aided by Tesla’s recent decision to stop selling the system outright and instead charge $99 per month. The company now reports active FSD subscriptions at 1.3 million, a 51 percent increase from the same period a year earlier.

Although earlier reports this month hinted at a possible small Tesla EV, the company does not mention such a model in its future vehicle plans, saying only that it is “focused on optimizing our vehicle product portfolio, with an emphasis on vehicles designed for a fully autonomous future.”

It’s less ambiguous about humanoid robots: during Q2 it will begin expanding capacity at its Fremont, California plant to build Optimus robots at a pace of 1 million per year. If that seems too few, Tesla says the Texas production line will be capable of producing 10 million a year.

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