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TSLAEarnings2026-04-22
Taneja gives quarterly energy storage deployment figures, reiterates a full-year expectation versus the prior year, and cites a record gross margin in the business.
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Vaibhav Taneja · Tesla · Tesla Q1 2026 Financial Results and Q&A Webcast
“In Q1, we deployed 6 8.8 gigawatt hour of energy storage, a 38% sequential decline. However, we still expect 2026 deployments to be higher than 2025. We set yet another record with gross margins in this business over 39 and a half percent”
Key terms
- gigawatt hour
- — A unit of stored energy capacity; one gigawatt hour equals one million kilowatt hours.
- gross margin
- — Revenue left after the direct costs of producing goods, expressed as a percentage of revenue.
Educational summary of a public statement. Not investment advice.