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Tesla's making money. But it's planning to spend an awful lot more Tesla’s revenue rises again as it prepares for more AI and robotics

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Tesla's making money. But it's planning to spend an awful lot more

Business

NPR Topics: Business•Apr 22

Tesla's making money. But it's planning to spend an awful lot more

A logo for Tesla is seen on a vehicle at a Tesla facility Wednesday, April 15, 2026, in Portland, Ore. Jenny Kane/AP hide.

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

Technology

The Verge•Apr 22

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

Tesla released its 2026 first-quarter financial earnings today, providing another look at the progress of Elon Musk’s $1 trillion bet to transform his company into a leader of AI and robotics. “The first-generation line, designed for 1 million robots a year, will replace the Model S and Model X lines in Fremont,” Tesla said. ” Following Musk’s announcement in January that Tesla was “restarting work” on its Dojo 3 supercomputer — which Musk noted at the time will be “space-based AI compute” — the earnings update deck said that Tesla is “continuing” its work on the project.