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Tesla Q1 revenue rises, driven by EV sales and FSD subscriptions

Tesla diversifies away from hardware-only revenue as Full Self-Driving subscriptions reach 1.28M, underpinning a 16% YoY revenue recovery despite missing EV delivery targets.

Wednesday, April 22, 2026 12:00 PM UTC2 MIN READSOURCE: TechCrunchBY sys://pipeline

Tesla reported Q1 2026 revenue of $22.38 billion, up 16% year-over-year, driven by automotive sales and Full Self-Driving subscriptions reaching 1.28 million. The company posted $1.44 billion in positive free cash flow and recovered from 2025's profit decline, though EV deliveries of 358,023 units fell below analyst consensus expectations of 368,000.

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