Tesla Raises 2026 Capex to $25 Billion, Says HW3 Cannot Achieve Unsupervised FSD
Tesla said it now expects 2026 capital expenditures of $25 billion, up from prior guidance of more than $20 billion, and disclosed in its first-quarter earnings filing that it invested $2 billion in SpaceX equity during the quarter.
Chief Executive Officer Elon Musk said FSD V15 will run on AI4 and, if released by year-end as he hopes, would be a complete overhaul of Tesla's software architecture aimed at enabling unsupervised full self-driving where permitted. Musk also said vehicles equipped with the older HW3 hardware cannot achieve unsupervised FSD; Tesla is offering discounted trade-ins for AI4-equipped cars and upgrades to computers and cameras, and may need micro factories in major metro areas as it works to convert HW3 vehicles to HW4 over time.
From the sources (25 posts)
@wallstengine$TSLA 1Q ADJ EPS 41C, EST. 34C TESLA 1Q GROSS MARGIN 21.1%, EST. 17.7% TESLA 1Q EPS 13C VS. 12C Y/Y
@deitaone*TESLA 1Q ADJ EPS 41C, EST. 34C
@zerohedgeTSLA with big beat *TESLA 1Q REV. $22.39B, EST. $22.19B *TESLA 1Q ADJ EPS 41C, EST. 34C *TESLA 1Q GROSS MARGIN 21.1%, EST. 17.7%
@deitaoneTESLA 1Q ADJ EPS 41C, EST. 34C TESLA 1Q GROSS MARGIN 21.1%, EST. 17.7% TESLA 1Q EPS 13C VS. 12C Y/Y
@stockmktnewzTESLA $TSLA JUST REPORTED EARNINGS EPS of $0.41 beating expectations of $0.34🟢 Revenue of $22.4B missing expectations of $21.9B🟢 TESLA SAYS - CYBERCAB, TESLA SEMI AND MEGAPACK 3 ARE ON SCHEDULE FOR VOLUME PRODUCTION STARTING IN 2026 htt
@deitaone*TESLA 1Q FREE CASH FLOW $1.44B, EST. NEGATIVE $1.86B
@sawyermerrittTesla has just released their Q1 earnings results. Highlights: • EPS (non-GAAP): $0.41 (vs. $0.33 est) • Revenue: $22.4B (vs. $21.4B est) • Gross margin: 21.1% • Net income (GAAP): $1.45B (vs $1.17B est) • Free cash flow: $1.44B
@financialjuice$TSLA Tesla Q1 Earnings Adjusted EPS $0.41, est. $0.34 Revenue $22.39B, est. $22.19B EPS $0.13 vs. $0.12 y/y Gross Margin 21.1%, est. 17.7% Operating Income $941M, est. $787.7M Free Cash Flow $1.44B, est. -$1.86B
@stocksavvyshay$TSLA Q1 EARNINGS • Revenue $22.4B vs Est. $22.2B • EPS $0.41 vs Est. $0.35 • Gross Margin 21% vs Est. 18% • FCF $1.4B vs Est. ($1.9B) Tesla says Cybercab, Tesla Semi and Megapack 3 remain on schedule for volume production starting in 202
@sawyermerrittTesla says Optimus production line is in construction at Giga Texas.
@unusual_whalesBREAKING: Tesla, $TSLA earnings: - EPS: $0.41, est: $0.35 - Revenue: $22.3 billion, est: $22.2 billion
@firstsquawkTESLA Q1 2026 RESULTS: REVENUE: $22.39B VS EST. $22.19B || ADJ EPS: $0.41 VS EST. $0.34 || EPS: $0.13 (VS $0.12 Y/Y) || OPERATING INCOME: $941M VS EST. $787.7M || FREE CASH FLOW: $1.44B VS EST. -$1.86B || CYBERCAB, TESLA SEMI, MEGAPACK PROD
@kalshiBREAKING: Tesla beat Q1 earnings • EPS: $0.41 vs $0.34 est • Gross margin: 21.1% vs. 17.7% est • Revenue: $22.4B vs $21.9B est $TSLA +4% after-hours
@alphasenseinc$TSLA Earnings: - EPS: $0.41 - Revenue: $22.39B - $0.9B GAAP operating income - $0.5B GAAP net income - Operating cash flow of $3.9B "We continued to make meaningful progress on the build out of the infrastructure and AI software that und
@sawyermerrittTesla says "preparations for our first large-scale @Optimus factory will begin shortly in Q2. The first generation line, designed for 1 million robots a year, will replace the Model S and Model X lines in Fremont. We are also preparing Giga
@businessTesla reported first-quarter earnings that beat Wall Street’s estimates, a sign profitability is holding up as the electric-vehicle maker invests in new business lines around robotics and driverless cars
@stockmktnewzTESLA $TSLA JUST REPORTED EARNINGS EPS of $0.41 beating expectations of $0.34🟢 Revenue of $22.4B missing expectations of $21.9B🟢 Tesla says Cybercab, Tesla Semi and Megapack 3 are on schedule for volume production starting in 2026 Once
@yahoofinance$TSLA Q1 earnings: 💵 Revenue: $22.39B vs $22.08B expected 💲 Adjusted EPS: $.041 vs $0.35 expected
@sawyermerrittTesla: "Cortex 2 is now online and has started running training workloads. We continue to ramp our onsite training infrastructure to ensure sufficient compute resources for the development of our AI products and services. We are also contin
@deitaone$TSLA - TESLA BEATS EXPECTATIONS DESPITE SLOW SALES Tesla, Inc. reported stronger-than-expected Q1 earnings, showing resilience as it invests heavily in robotics and self-driving tech. Adjusted EPS came in at $0.41, beating the $0.34 analy
@yahoofinanceTesla reported first quarter earnings that topped estimates after the bell on Wednesday.
@sawyermerrittTesla says paid Robotaxi miles nearly doubled in Q1 sequentially. "Once in production, we expect that Cybercab will begin to replace the existing Model Y fleet and will be the largest volume vehicle in the fleet over time. We continued la
@stockmktnewzTESLA $TSLA PUT $2 BILLION INTO SPACEX EQUITY DURING Q1
@sawyermerrittNew photo of Tesla's new Cortex 2 AI training cluster:
@jd_durkin🚨 $TSLA earnings: $TSLA reported EPS of $0.41, beating estimates of $0.37 by +10.8% and marking a +51.8% YoY increase. Revenue came in at $22.39B, missing expectations of $22.71B by -1.4%, though still up +15.8% YoY. Despite the top-line