Tesla Q1 revenue rises, driven by EV sales and FSD subscriptions

Tesla reported revenue of $22.38 billion, a 16% increase from the same period last year, driven by an increase in automotive revenue and other services. The company's automotive revenue rose to $16.2 billion, and it reported positive free cash flow of $1.44 billion. Tesla shares rose 4% in after-hours trading following the release of its first-quarter earnings report.