Tesla's Robotaxi Miles 'Nearly Double,' Supercharger Network Grows 19%, and the Largest Chip Plant Ever — 5 Key Updates from Tesla's Earnings Release

Tesla stock rose late Wednesday after the company reported profits and sales that topped forecasts.

Elsewhere in its earnings presentation, the company offered a slew of key updates across its manufacturing, autonomous driving, AI, and energy initiatives.

Here are some of the highlights:

Robotaxi miles ‘nearly doubled’ from the prior quarter

“In Q1, paid Robotaxi miles nearly doubled sequentially. Once in production, we expect that Cybercab will begin to replace the existing Model Y fleet and will be the largest volume vehicle in the fleet over time. […] We further expanded our unsupervised operation area in Austin and launched unsupervised rides in both Dallas and Houston in April.”

Tesla and SpaceX plan to build the largest chip plant ever

Coinciding with Robotaxi and Optimus ramps, we are expanding our scope of manufacturing to include semiconductor fabrication, an important step to ensure sufficient and resilient chip supply. Our partnership with SpaceX aims to build the largest chip fab ever: vertically integrating logic, memory and advanced packaging to allow for rapid iteration as we anticipate greater chip demand than what existing and planned industry capacity can accommodate. This begins with the Tesla-owned Research Fab on our Gigafactory Texas campus. In April, we completed the final chip design of our next-generation AI5 inference processor.

Tesla vehicles are seen at a Tesla facility Wednesday, April 15, 2026, in Portland, Ore. (AP Photo/Jenny Kane)

‘Hey Grok’ and Pet Mode come to your Tesla

In April, we began rolling out the Spring Update which includes a new in-vehicle Self-Driving App (AI4 vehicles) – users can subscribe to FSD (Supervised)1, learn how to use the feature and view ongoing stats. Customers can launch Grok by saying “Hey Grok,” and set location-based reminders. Accent lights can now turn red when an object is in your blind spot and your turn signal is engaged. Pet Mode allows users to name their pet and choose between dog, cat, or hedgehog

Subscription Full Self-Driving

We began moving FSD (Supervised) to subscription-only. Adoption (attachment to new purchases) and penetration (total users among the eligible fleet) both continued to grow, with record net new subscriptions in Q1. A major focus is increasing awareness of the safety and convenience provided by FSD (Supervised) as we evolve our sales strategy to position FSD (Supervised) as the product, with promising early signs. We received approval to deploy FSD (Supervised) in the Netherlands in April, which clears the path for potential approval in other EU countries. We continue to make progress on approval in China.

Tesla’s Supercharger network grew 19% in the first quarter

Alongside the ramp of Tesla Semi, we are deploying public Megachargers, including our first one in Southern California. While we aim to leverage as much of our existing investments as possible, we continue to build out our supporting infrastructure for our vehicle and mobility businesses, including Robotaxi expansion, across established and growth markets around the world. In Q1, we added over 2,200 net new Supercharging stalls, growing the network 19% year-over-year. This year we look to increase our presence in Japan by doubling our service centers and expanding our Supercharger coverage in the world's third largest vehicle market.