Wu said that Tesla's total revenue for the first quarter of 2026 was $22.387 billion, a year-over-year increase of 16%; gross profit was $4.72 billion, with a gross margin of 21.1%; operating profit was $941 million, with an operating margin of 4.2%; GAAP net profit was $477 million, non-GAAP net profit was $1.453 billion; operating cash flow was $3.937 billion, free cash flow was $1.444 billion, and cash, cash equivalents, and short-term investments totaled $44.743 billion; regarding digital assets, the company did not disclose Bitcoin trading operations, and the book value of digital assets decreased from approximately $1.008 billion at the end of the previous quarter to $786 million, mainly due to fair value adjustments caused by the decline in Bitcoin prices.

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