Tesla Q1 Earnings Highlights: EV Giant Misses Wall Street Estimates, Makes Cost Cuts, Invests In AI, Speeds Launch Of New Models

By Chris Katje

Electric vehicle leader Tesla Inc (NASDAQ: TSLA ) reported first-quarter financial results after the market close Tuesday.

Here are the key highlights.

What Happened: Tesla reported first-quarter revenue of $21.0 billion, which was down 9% year-over-year. The revenue to

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