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Tesla reported first-quarter adjusted EPS of $0.41, beating street expectations by $0.07.
Tesla's first-quarter gross margin was 21.1%, exceeding the forecast of 17.7%.
Tesla reported first-quarter free cash flow of $1.44 billion, significantly beating the estimate of a negative $1.86 billion.
Tesla announced that production for the CyberCab, Tesla Semi, and Megapack is scheduled to begin in 2026.
Tesla is currently installing the first-generation production lines for its Optimus humanoid robot.
Tesla received regulatory approval for its Full Self-Driving (FSD) software in the Netherlands in April.
Tesla has launched unsupervised robotaxi rides in Dallas and Houston.
Tesla's first-quarter adjusted gross margin, excluding regulatory credits, was 19.2%, an increase from 12.5% in the same period a year ago.
South Korea granted regulatory approval for Tesla's Full Self-Driving (FSD) technology at the end of 2023.
Tesla's first-generation production line for the Optimus robot, designed for an annual capacity of 1 million units, will replace the Model S and Model X production lines at its Fremont, California facility.
Tesla is preparing its Gigafactory Texas for a second-generation Optimus production line, which is being designed for a long-term annual production capacity of 10 million robots.
Tesla reported first-quarter revenue of $22.39 billion, slightly higher than the street's forecast of $22.19 billion.