Tesla Stock Rises as Semi Production Begins and Company Reports $573M in Sales from SpaceX and xAI

Tesla stock rose by 3.9% this week following a prior decline due to concerns over rising capital expenditures for AI initiatives. The company began high-volume production of the Tesla Semi, marking progress after multiple delays since its unveiling in 2017. Additionally, Tesla reported $573 million in sales from SpaceX and xAI last year.

By Pras Subramanian · Senior Reporter Updated May 1, 2026 2 min read · Yahoo Finance · May 1, 2026, 20:07 UTC

Tickers: $TSLA

Topics: Semi production start SpaceX and xAI sales revenue Tesla stock

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