Tesla reported first-quarter adjusted EPS of 41 cents, above the 34-cent Wall Street estimate, marking a second consecutive beat. The company said it continues investing in robotics and autonomous driving while expanding production across multiple facilities. Despite sluggish vehicle sales earlier in the year, Tesla is ramping output in cars, batteries, and robots. Shares rose 3% after the results. Capital expenditure is expected to reach $20 billion this year, more than double last year’s level

Tesla reported first-quarter adjusted EPS of 41 cents, above the 34-cent Wall Street estimate, marking a second consecutive beat. The company said it continues investing in robotics and autonomous driving while expanding production across multiple facilities. Despite sluggish vehicle sales earlier in the year, Tesla is ramping output in cars, batteries, and robots. Shares rose 3% after the results. Capital expenditure is expected to reach $20 billion this year, more than double last year’s level.