Tesla Reports Higher Q1 Revenue and Profit, Driven by EV Sales and FSD Subscriptions
Tesla reported a 16% year-over-year increase in Q1 revenue to $22.38 billion, driven by higher automotive revenue and FSD subscriptions. The company also saw positive free cash flow of $1.44 billion, though EV deliveries fell short of expectations. Shares rose 4% in after-hours trading.
Tickers: $TSLA
Topics: Earnings EV Sales Free Cash Flow FSD Subscriptions Profit Decline Revenue Growth Tesla