Tesla released its Q1 2026 financial results, sending a mixed but ultimately bullish signal to the market. Despite a delivery miss, the EV giant achieved a significant turnaround in its financial health.

Financial Performance Highlights

Revenue: $22.39 billion (+16% YoY), slightly missing the $22.79 billion target.
Net Profit: $477 million (+17% YoY).
Gross Margin: The star of the show. Automotive gross margins rebounded to 21.1%, far exceeding the 17.7% analysts expected.

The Cybertruck Effect and Operational Efficiency

The profit surge is largely credited to the Cybertruck. With weekly production steady at 1,200 units at Giga Texas, the model achieved quarterly profitability for the first time. Its >$80,000 price tag and high margins (15% higher than Model Y) have successfully offset the price cuts on mainstream models.

In a bold move to streamline operations, Tesla officially discontinued the Model S and Model X, a transition expected to save $900 million in annual operating costs.

AI and Autonomous Driving Momentum

FSD: Subscriptions reached 1.28 million users.
Robotaxi: Unsupervised service has expanded to Dallas and Houston, with five more states planned.
Optimus: Preparation for the first massive factory (10 million units annual capacity) will begin in Q2.

Target URL: /tech/horizon-robotics-starry-chip-integrated-smart-cockpit/ Target Keywords: Horizon Robotics Starry chip, KaKaClaw OS, integrated cockpit and driving chip, HSD V1.6.

Horizon Robotics Unveils “Starry” Series: China’s First Chip Integrating Cockpit and Driving Domains

Horizon Robotics has shifted from a chip supplier to a “Full-stack Smart Vehicle Enabler” with the launch of three strategic products at its 2026 technical conference.

“Starry” Chip: One Chip to Rule Four Domains

The Starry 6P is China’s first 5nm automotive-grade chip that breaks the barrier between the cockpit and smart driving.

Specs: 20-core CPU, 650 TOPS of computing power.
Efficiency: It saves automakers between $220 to $580 (1500-4000 RMB) per vehicle by reducing the need for multiple domain controllers.
Partners: BYD, BAIC, Chery, and Volkswagen are among the first batch of production partners.

KaKaClaw OS and HSD V1.6

Alongside the hardware, Horizon released KaKaClaw, an AI-native OS designed for intent understanding rather than just command response. This is paired with HSD V1.6, an end-to-end driving system that claims to react 42% faster than the average human driver.

Target URL: /market/huawei-hima-shangjie-z7-wenjie-m9-launch/ Target Keywords: Huawei HIMA sales 2026, Shangjie Z7 price, AITO M9 ADS 5, Huawei Qiankun driving.

Huawei’s HIMA Dominates the Market: 12,000 Orders for Shangjie Z7 in 27 Minutes

Huawei’s automotive alliance, HIMA (Harmony Intelligent Mobility Alliance), hosted a blockbuster spring launch, debuting five core models across multiple segments.

The Rise of “Shangjie” (STELATO)

The new premium brand, Shangjie, launched its first model, the Z7/Z7T.

Price: 219,800 – 309,800 RMB.
Success: It secured 12,000 firm orders in just 27 minutes. All models come standard with Huawei’s latest ADS 4.1 and 896-line LiDAR.

AITO M9 and M6 Momentum

The AITO M9 (Next-Gen) debuted with the ADS 5 system, utilizing a 6-LiDAR matrix. Within one hour, pre-orders surpassed 11,500 units. The mid-to-large SUV AITO M6 also saw explosive demand, hitting 10,000 orders in 15 minutes.

Target URL: /ai/qianli-tech-ai-strategy-zhao-ming/ Target Keywords: Qianli Tech ASD 4.0, Zhao Ming Honor CEO, autonomous driving solution provider.

Former Honor CEO Leads Qianli Tech: Targeting 8 Million Smart Driving Vehicles by 2029

In his first public appearance since joining the automotive sector, former Honor CEO Zhao Ming (now Co-Chairman of Qianli Tech) announced an aggressive AI strategy to become the world’s largest smart driving solution provider.

Ambitious Sales Targets

Qianli Tech aims for 8 million cumulative installations over the next three years.

2026 Goal: 1.3 million vehicles.
2028 Goal: 4 million annual new installations.

Technical Edge: Native Foundation Model

Unlike companies that simply fine-tune general LLMs, Qianli Tech has partnered with StepFun to build a “Native Smart Driving Foundation Model.” This architecture is designed to handle physical world tasks natively, launching first on the Zeekr 8X with ASD 4.0.