Tesla

Tesla reports Q1 2026 revenue of $22.4B, 358,023 vehicle deliveries, 1.28M active FSD subscriptions, 8.8 GWh of storage deployed, and 8,463 Supercharger stations.

The first production Cybercab — Tesla's purpose-built two-seat autonomous vehicle with no steering wheel or pedals — rolls off the line at Gigafactory Texas on February 17, 2026, with continuous production beginning in April and 50+ units spotted on campus shortly after.

Tesla expands its unsupervised Robotaxi service to Dallas and Houston in April 2026, bringing the live unsupervised network to three Texas cities. Austin's geofence grows to match the full city's service area, although the active driverless fleet stays below 30 vehicles.

On April 29, 2026 the first Tesla Semi rolls off the new high-volume production line at the dedicated 1.7M-square-foot Semi factory adjacent to Gigafactory Nevada, moving Semi out of pilot builds and toward a long-term 50,000-unit/year target.

On June 3, 2026 Tesla expanded its unsupervised Robotaxi service area to the full Austin metropolitan region — more than doubling the previous geofence to include Pflugerville, Manor and adjacent suburbs and opening service on I-35. It is the fifth Austin expansion since launch, even as the active driverless fleet stays at about 20 vehicles and Dallas (3) and Houston (6) remain stuck at their launch sizes.

CPCA data released June 2, 2026 show Tesla's Shanghai plant delivered 85,982 vehicles in May 2026 — its best month of the year, up 39.4% year over year and 8.2% from April — bringing January-May Giga Shanghai deliveries to 378,858 and signaling a China demand rebound after a soft start to the year.

On June 5, 2026 Tesla Robotaxi, LLC applied to the Nevada Transportation Authority for an Autonomous Vehicle Network Company (AVNC) permit covering Clark County — including service to Harry Reid International and Henderson Executive airports — that would let it deploy up to 5,000 vehicles in the first year after approval, with objections or comments due by July 5, 2026. The filing is Tesla's largest single robotaxi expansion request to date even though its actual unsupervised fleet remained only about 20 vehicles in Austin plus a handful in Dallas and Houston, and was paired with a 'Robotaxi First Responder Interaction Plan' filed for a planned Arizona (Phoenix-area) launch.

An SEC Form 4 filed June 17, 2026 disclosed that Elon Musk exercised all 303,960,630 stock options from his 2018 performance award at a split-adjusted strike of $23.34 against a $404.66 close — roughly a $116 billion paper gain — after the Delaware Supreme Court reversed the award's cancellation in December 2025 and Tesla's board signed an implementation agreement in April 2026. Tesla withheld about 17.5 million shares to cover the exercise through net settlement, so Musk paid nothing out of pocket and reported no open-market sales, raising his stake to roughly 1.12 billion shares and his voting power toward about 19.9%.

On June 24, 2026 Tesla joined Sunrun and Renew Home in a framework to aggregate more than 16 gigawatts of fast, flexible capacity for hyperscalers, data centers and utilities — billed as the largest distributed power plant in the U.S. It pools dispatchable output from hundreds of thousands of home batteries operated by Sunrun and Tesla with flexible peak load from 8M+ smart thermostats and devices managed by Renew Home, deepening Tesla Energy's grid-services role.

On July 2, 2026 Tesla reported second-quarter deliveries of 480,126 vehicles — up about 25% year over year and roughly 74,000 above Wall Street consensus — its best-ever second quarter and the end of two years of declining deliveries. Production topped 450,000 vehicles (Model 3/Y made up 467,762 of deliveries and other models 12,364), and energy storage deployments reached 13.5 GWh. Full Q2 financial results are due after the close on July 22.

On July 3, 2026 Tesla launched its unsupervised Robotaxi service in Miami — its first market outside Texas and California — running Model Y vehicles with no safety driver from day one. The geofenced launch zone spans roughly 10 to 14 square miles of western Miami-Dade County, including West Miami, Doral and Coral Gables, and covers Miami International Airport but not downtown Miami or Miami Beach. Tesla named Orlando, Tampa, Phoenix and Las Vegas as future targets.

In early July 2026 Tesla began US and Puerto Rico sales of the Model Y L, a longer-wheelbase, six-seat version of its best-selling SUV, offered first as a $61,990 Launch Series. The three-row model carries an EPA-estimated 325 miles of range and a 0-60 mph time of 4.4 seconds, with second-row captain's chairs and a heated, power-reclining third row; the Launch Series bundles a year each of Full Self-Driving (Supervised), free Supercharging and Premium Connectivity. Deliveries are expected to begin between September and October 2026.

Launches its Robotaxi service in June using Model Y vehicles, completes the refreshed Model Y rollout with additional variants, delivers 1,636,129 vehicles for the year, deploys 46.7 GWh of energy storage, and reports $94.8B in revenue. Tesla also ends 2025 with 1.1M active FSD subscriptions and 8,182 Supercharger stations.

At Tesla's November 6, 2025 annual meeting, shareholders approved Elon Musk's performance-based compensation plan with more than 75% in favor. The package pays no salary but unlocks up to ~423.7M shares (worth roughly $1 trillion) over a decade if Tesla hits paired market-cap and operational targets — including an $8.5T market cap, 20M vehicle deliveries, 10M FSD subscriptions, 1M Optimus robots delivered, and 1M robotaxis in commercial operation — tying Musk to the company and anchoring its robotics and autonomy roadmap.

Rolls out FSD (Supervised) v12 — the first end-to-end neural network driving system — globally. Unveils the Cybercab purpose-built robotaxi and Robovan at the 'We, Robot' event. Optimus robots begin performing tasks at Tesla factories. Delivers 1.79M vehicles and deploys 31.4 GWh of energy storage (up 113% YoY). Headcount drops to ~125,000 after 10% layoff in April.

Model Y becomes the best-selling car globally across all powertrains — a first for an EV. Tesla delivers 1.81 million vehicles total. Begins Cybertruck deliveries in November from Gigafactory Texas.

Opens Gigafactory Texas (Austin) and Gigafactory Berlin-Brandenburg, bringing global factory count to four. Delivers 1.31 million vehicles for the year, a 40% increase YoY.

Begins Model Y deliveries — the compact SUV that will become the best-selling car in the world by 2023. Tesla surpasses Toyota to become the world's most valuable automaker by market capitalization. Delivers 499,550 vehicles for the year and achieves first full year of GAAP profitability.

Launches Model 3, a mass-market sedan starting at $35,000, after receiving nearly 500,000 pre-orders. Becomes the catalyst for Tesla's transformation from niche luxury maker to high-volume manufacturer.

Begins deliveries of Model S, a full-size luxury sedan with up to 265 miles of range. Named Motor Trend's Car of the Year and Consumer Reports' top-scoring car ever at the time.

Tesla goes public on NASDAQ at $17/share, raising $226M — the first American automaker IPO since Ford in 1956.

Tesla begins deliveries of the original Roadster, the first highway-legal serial production all-electric car to use lithium-ion battery cells. Approximately 2,450 units sold across 31 countries.

Martin Eberhard and Marc Tarpenning incorporate Tesla Motors in Delaware, named after inventor Nikola Tesla. Elon Musk leads the $7.5M Series A round in February 2004 and becomes chairman of the board.