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Story summary
- Tesla raised its 2026 capital-expenditure guidance to over $25 billion, about $5 billion above the prior outlook.
- CFO Vaibhav Taneja warned that Tesla expects negative free-cash flow for the rest of the year.
- Tesla posted Q1 revenue of $22.39 billion and non-GAAP EPS of $0.41, beating the $0.37 estimate.
- Tesla produced 408,386 vehicles and delivered 358,023, with deliveries missing analyst forecasts.
