Tesla’s Q1 2026 earnings beat looks impressive on the surface — 21.1% gross margin, 136% operating income growth, $0.41 non-GAAP EPS. But dig into the shareholders’ letter and a pattern emerges: Tesla pulled every accounting and financial lever available to make a stagnant quarter look like a turnaround.

One-time warranty reserve releases, tariff refund windfalls, stretched supplier payments, and new debt all contributed to headline numbers that mask a fundamental problem — Tesla’s core auto business isn’t growing.

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Tesla (TSLA) released its financial results and shareholders’ letter for the first quarter (Q1) 2026 after market close today.

We are updating this post with all the details from the financial results, shareholders’ letter, and the conference call later tonight. Refresh for the latest information.

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Today’s 9to5Toys Green Deals has some fresh markdowns for you to scope out. A couple of noteworthy mentions include $1,050 off Bluetti’s 2,048Wh AC200L power station with two 200W solar panels alongside the beastly Hiboy beastly Titan PRO electric scooter with up to an 80-mile range at up to $500 off. Head below to sell all of your options in detail.

Head below for other Green Deals we’ve found today and, of course, Electrek‘s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

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Rivian officially started production of its R2 electric SUV at its Normal, Illinois plant today, marking the most critical milestone in the company’s history.

The production launch comes just five days after an EF-1 tornado ripped through the same facility, collapsing a section of the roof in Building 2 — the very area dedicated to R2 operations.

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A US District court ruled against republican attempts to block deployment of wind and solar projects that could help to reduce US electricity costs as energy prices spike worldwide.

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