Tesla (NASDAQ:TSLA) Releases Earnings Results, Beats Estimates By $0.02 EPS

22 Apr 2026, 20:16 by Teresa Graham · The Cerbat Gem

Tesla (NASDAQ:TSLA – Get Free Report) released its quarterly earnings data on Wednesday. The electric vehicle producer reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02, FiscalAI reports. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The company had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.96 billion. During the same period last year, the business earned $0.27 earnings per share. Tesla’s revenue was up 15.8% compared to the same quarter last year.

Tesla Trading Up 0.3%

Shares of Tesla stock traded up $1.09 during midday trading on Wednesday, reaching $387.51. 55,851,075 shares of the company’s stock traded hands, compared to its average volume of 63,143,336. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16. The company has a market cap of $1.45 trillion, a PE ratio of 358.81, a price-to-earnings-growth ratio of 12.41 and a beta of 1.91. The stock has a 50 day moving average of $388.44 and a 200-day moving average of $421.86. Tesla has a 12 month low of $244.43 and a 12 month high of $498.83.

Key Tesla News

Here are the key news stories impacting Tesla this week:

Positive Sentiment: Q1 beat on profit and margin — adjusted EPS came in above expectations and profitability rebounded, giving investors confidence the core business can generate cash even as volumes wobble. Tesla (TSLA) Surpasses Q1 Earnings and Revenue Estimates
Positive Sentiment: Surprise cash / free‑cash‑flow upside — the company reported a cash surplus/positive FCF that reduced near‑term liquidity concerns despite 2026 spending plans. That supported the rally. When Does Tesla Report? When Does the Call Start?
Positive Sentiment: AI/robotics credibility gains — progress on the A15 AI chip tape‑out, Terafab plans to use Intel’s 14A process, and expansion of robotaxi miles/coverage give the market more conviction in Tesla’s transition toward higher‑margin software and fleet services. Tesla CEO Musk says company plans to use Intel’s 14A process for Terafab
Neutral Sentiment: Mixed top line — revenue missed some Street estimates (different outlets show varying comparisons), and vehicle deliveries lagged in parts of the U.S.; the headline EPS beat masked the sales softness. Tesla revenue misses estimates as demand weakens
Neutral Sentiment: Analyst views remain polarized — price targets and ratings range widely (from sell to outperform), so momentum after earnings may depend on which narrative — AI upside or execution risks — investors favor. Tesla Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Negative Sentiment: Planned capex spike and higher expenses — management signaled substantially higher spending in 2026 to fund AI, robotaxi and Optimus, which raises near‑term margin and cash‑flow uncertainty and weighed on sentiment for some investors. Tesla CapEx Spike Hits Stock As Intel Pops On Elon Musk Comments
Negative Sentiment: FSD execution and customer friction — Elon Musk acknowledged millions of owners will need hardware upgrades for “true” FSD and critics renewed calls for refunds, increasing the risk of additional costs and reputational damage. Elon Musk admits millions of Tesla owners need upgrades for true ‘Full Self-Driving’
Negative Sentiment: Operational headwinds — inventory build, weaker California registrations and a slowing energy/battery sales segment were flagged by several outlets and analysts as near‑term risks. Tesla registrations plunge in California, industry body says

Insider Buying and Selling at Tesla

In related news, Director Kathleen Wilson-Thompson sold 25,809 shares of the stock in a transaction dated Monday, March 30th. The shares were sold at an average price of $359.33, for a total value of $9,273,947.97. Following the completion of the transaction, the director directly owned 33,860 shares in the company, valued at $12,166,913.80. This trade represents a 43.25% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Vaibhav Taneja sold 2,264 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the completion of the sale, the chief financial officer owned 18,106 shares in the company, valued at $7,188,625.18. The trade was a 11.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 53,804 shares of company stock worth $20,865,598. 19.90% of the stock is owned by insiders.

Institutional Trading of Tesla

Institutional investors and hedge funds have recently bought and sold shares of the company. Chapman Financial Group LLC bought a new stake in Tesla during the 2nd quarter valued at about $26,000. Turning Point Benefit Group Inc. purchased a new stake in shares of Tesla during the 3rd quarter valued at about $30,000. Texas Capital Bancshares Inc TX purchased a new stake in shares of Tesla during the 3rd quarter valued at about $31,000. Galaxy Group Investments LLC purchased a new stake in shares of Tesla during the 4th quarter valued at about $51,000. Finally, Litman Gregory Wealth Management LLC purchased a new stake in shares of Tesla during the 4th quarter valued at about $56,000. 66.20% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on TSLA shares. Robert W. Baird lowered their target price on shares of Tesla from $548.00 to $538.00 and set an “outperform” rating on the stock in a research note on Thursday, April 2nd. Zacks Research downgraded shares of Tesla from a “hold” rating to a “strong sell” rating in a research note on Monday, March 30th. Jefferies Financial Group raised their target price on shares of Tesla from $300.00 to $350.00 and gave the company a “hold” rating in a research note on Monday. Mizuho set a $540.00 price target on shares of Tesla and gave the stock an “outperform” rating in a research note on Thursday, January 29th. Finally, Barclays reissued a “neutral” rating on shares of Tesla in a research note on Wednesday, April 15th. Eighteen investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and nine have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $397.26.

Check Out Our Latest Research Report on TSLA

About Tesla

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Tesla, Inc (NASDAQ: TSLA) is an American company that designs, manufactures and sells electric vehicles, energy generation and energy storage products. Founded in 2003 by Martin Eberhard and Marc Tarpenning, Tesla grew into a vertically integrated mobility and clean‑energy company with Elon Musk serving as its chief executive officer. The company’s stated mission is to accelerate the world’s transition to sustainable energy, reflected in its combined focus on electric drivetrains, battery technology, renewable energy products and software.

Tesla’s automotive business includes a lineup of battery‑electric vehicles and related services.