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Tesla reported first-quarter adjusted EPS of $0.41, beating analyst expectations of $0.34.
Tesla's first-quarter gross margin was 21.1%, exceeding the forecast of 17.7%.
Tesla reported a positive first-quarter free cash flow of $1.44 billion, significantly outperforming the analyst estimate of a negative $1.86 billion.
Tesla stated 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) technology in the Netherlands in April.
Tesla reported continued vehicle demand growth in APAC and South America, and a rebound in demand in North America, EMEA, and Africa.
Tesla's $20 billion capital expenditure guidance for the full financial year does not include potential costs for building its own chip factory.
The first-generation production line for the Optimus robot, located in Fremont, California, is designed for an annual capacity of one million units.
The Optimus production line will replace the existing Model S and Model X production lines at the Fremont, California factory.
Tesla is preparing its Gigafactory Texas for a second-generation Optimus production line with a long-term target annual capacity of 10 million robots.
Tesla's first-quarter revenue was $22.39 billion, slightly above the street estimate of $22.19 billion.