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Tesla’s profits beat expectations, but Elon Musk says big costs are ahead

A logo for Tesla is seen on a vehicle at a Tesla facility Wednesday, April 15, 2026, in Portland, Ore.

Tesla’s profits were up from this time last year. But the company warned investors to prepare for expensive investments in next-generation technology like humanoid robots and AI.

(Image credit: Jenny Kane)

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Camila Domonoske

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