BusinessApril 23, 2026

Tesla's Q1 2026: Cars Still Earn, Robots and Robotaxis Take Time

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② Start Lesson

Key Vocabulary

profit/ˈprɒf.ɪt/

Money left after a company pays its costs.

"The company made a profit this quarter."

robotaxi/ˌroʊ.boʊˈtæk.si/

A taxi that can drive itself without a human driver.

"She took a robotaxi to the station."

Optimus/ˈɒp.tɪ.məs/

Tesla's humanoid robot project name.

"Tesla plans to make Optimus for factories."

Listening

Tesla's Q1 2026: Cars Still Earn, Robots and Robotaxis Take Time

Tesla made more profit in the first quarter of 2026, but the company is not back to its earlier high profits. The company reported revenue of $22.39 billion and net income of $477 million for Q1 2026. Many sales came from cars, and automotive revenue was $16.23 billion.

Tesla is also spending money on robots and self-driving taxis. The robotaxi service expanded to Dallas and Houston, but it has only a few cars and little sales yet. Elon Musk said Optimus would be “useful outside of Tesla sometime next year.”

90 words

Quiz

1. What was Tesla's revenue in Q1 2026?

2. How much net income did Tesla report for Q1 2026?

3. To which two Texas cities did Tesla expand its robotaxi service?

Reading Practice

Read the article from the Listening section aloud. Your AI teacher will give you pronunciation feedback.

Discussion

Do you think a self-driving taxi would feel safe to ride in your city? Why or why not?

Have you ever used a ride-hailing service? What was your experience?

What do you think about robots helping people at work or at home?