Tesla, Inc. (TSLA) Earnings Call Summary — June 2026 quarter
Tesla makes electric cars (Model 3/Y/S/X, Cybertruck), batteries and solar, and is betting big on self-driving and robots.
Tesla, Inc. (TSLA) reported its June 2026 quarter results on July 22, 2026. Earnings per share came in at $0.33 against a $0.50 consensus, so the company missed on the bottom line. Revenue of $28.24B landed above the $26.42B estimate. TSLA has beaten consensus EPS in 2 of its last 6 scored quarters. Highlights from management's remarks on the call are below.
Key highlights from the call
CEO: “As we get approval for FSD in different countries, I think we'll see a similar uptick in demand.”
CFO: “Q2 continued the trend we saw at the end of Q1, a resurgence in demand for our vehicles across the globe.”
VP of AI: “We have driven more than 380,000 miles of unsupervised robotaxi now across six cities in two different states.”
VP of AI: “Regarding Optimus, especially Gen 3, Optimus has been designed to match not just the appearance of human beings but also the functionality and dexterity of humans.”
CEO: “They are making difficult decisions on memory allocation, and we appreciate Micron making room for Tesla in the years to come and giving us a significant allocation on reasonable terms given current memory pricing.”