Tesla Q2 2026 Earnings Release: Cybercab Production Begins, Semi...

[CNMO Tech News] July 23, @Tesla released its Q2 2026 earnings report. Key points are as follows:

The Tesla Cyber Robotaxi Cybercab has started production at the Texas Gigafactory;

Tesla Electric Truck Semi will start mass production this year at the new factory in Nevada as planned;

Battery pack capacity expansion continues to make progress; battery pack capacity is the main limiting factor for recent EV production increases;

The Texas Energy Storage Gigafactory is nearing completion, and plans to start production this year;

More customers choose to subscribe to Tesla driver assistance software when purchasing a vehicle;

Tesla Robotaxi service coverage continues to expand, currently launched in 7 major cities in the US;

After the retirement of Model S and Model X production lines, the Fremont factory begins construction of the Tesla Optimus robot production line, planned to start production later this year.

Regarding the EV business, Tesla delivery volume set new records in multiple markets: South Korea, Australia, Colombia, Japan, Thailand, Portugal, Philippines, Chile, Slovenia, Lithuania, etc.

Regarding energy production and storage, Shanghai Energy Storage Gigafactory output hit a new record, driving EMEA (Europe, Middle East, and Africa) market energy storage installations to a new high; Shanghai Energy Storage Gigafactory continues to ramp up capacity. The new Energy Storage Gigafactory in Texas will start production of the third-generation Megapack and Megablock energy storage systems this year as planned.

Regarding the humanoid robot business, Tesla is installing the first generation Tesla Optimus robot production line at the Fremont factory, expected to start production soon. The first batch of Tesla Optimus robots will be used for our Optimus Academy, to collect training data and further develop new features. Additionally, Tesla continues to advance the site development of the Texas Gigafactory, currently construction work is fully underway.