Tesla misses on revenue but beats on profit as auto margins jump

• Tesla reported better-than-expected earnings for the first quarter.
• However, revenue came in shy of analysts’ expectations as the company’s core automotive business continues to struggle.
• Tesla’s stock has underperformed all of its megacap tech peers this year.

Source: https://www.cnbc.com/2026/04/22/tesla-tsla-q1-2026-earnings-report.html