Tesla saw an uptick in revenue and profit year-over-year, figures buoyed by an increase in automotive revenue and other services, including active subscriptions to its Full Self-Driving (Supervised) advanced driver assistance system, which reached 1.28 million.

Tesla shares rose 4% in after-hours trading following the release of its first-quarter earnings report, driven by largely by a jump in its free cash flow, as well as increases in revenue and profit on a year-over-year basis.

The company reported Wednesday revenue of $22.38 billion, a 16% increase from the $19.3 billion it generated in the first quarter of 2025. Its automotive revenue also rose to $16.2 billion, compared to $13.96 billion in the same year-ago period. Notably, the company reported positive free cash flow ‌of $1.44 billion more than double what it held in the first quarter of 2025. The figure surprised analysts who had expected the company to burn through more cash in the first quarter.

...read more at techcrunch.com