Tesla Reports Revenue Growth and Announces Plans for Optimus Robot Production

Tesla reported a 16% increase in revenue to $22.4 billion in Q1 2026, though it missed Wall Street expectations. The company announced plans to begin preparations for its first large-scale factory to produce Optimus robots, with production lines set to replace existing vehicle lines in Fremont and Texas.

By Andrew J. Hawkins · The Verge · April 22, 2026, 20:36 UTC

Tesla Reports Revenue Growth and Announces Plans for Optimus Robot Production

Tickers: $TSLA

Topics: AI Factory Preparations Optimus Robots Revenue Growth Tesla

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