Tesla's Q1 Earnings: Profits Surge, Sales Slow

Teslas Q1 earnings soar, with profits up 17% to $477M, beating Wall Streets expectations. Revenue reached $22.39B, though short of predictions. Automotive sales boosted revenue by 16%, but rivals like BYD now lead the EV market. Musk focuses on robotaxis and self-driving miles, which doubled from last quarter. Capex surged 67% to $2.5B, with $25B planned for this year on taxis, trucks, robots, and AI chips. Shares fluctuated, ending slightly down, as Teslas tech pivot keeps investors on edge. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/92e9f1700339c30b

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