Tesla Q1 revenue rises, driven by EV sales and FSD subscriptions
TechCrunch·1h ago·Positivity
What Happened
Tesla reported first-quarter revenue of $22.38 billion, a 16% year-over-year increase, driven by automotive sales and Full Self-Driving subscriptions reaching 1.28 million users. The company delivered 358,023 electric vehicles globally, slightly below analyst expectations. Stock shares rose 4% following earnings announcement, supported by $1.44 billion positive free cash flow.
Key Entities
TeslaQ1 2025Full Self-Driving (Supervised)1.28 million FSD subscriptions$22.38 billion revenue358,023 EV deliveries