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Tesla's Q1 Earnings: Strong Cash Flow, Mixed Results
Teslas Q1 earnings show solid growth, with revenue up 16% and net income at $477M. Free cash flow doubled to $1.44B, and FSD subscriptions surged to 1.28M. Despite missing delivery targets, shares surged 4% in after-hours trading. However, profits are still down 46% from last year, and the company is heavily reliant on core EV sales and services. Tesla is preparing for a large-scale Optimus robot factory and expanding robotaxi services, but the full transformation is yet to come. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary based on public reporting.Report issues to feedback@thednn.ai. View sources & latest updates:https://sources.thednn.ai/047eb7a6e03b85b9
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