Robotaxi Hits Three Cities, FSD Goes European, and Q1 Earnings Are Coming Up
There's a lot happening in Tesla-land right now. Robotaxi just expanded to two more U.S. cities, FSD got its first-ever European market approval, and Q1 2026 earnings are on deck with Wall Street expecting a meaningful improvement over last year. Let me break down what's actually worth paying attention to.
Unsupervised Robotaxi Is Now in Three Cities
Tesla expanded its unsupervised Robotaxi service to Dallas and Houston, making those the second and third U.S. cities to have it after Austin. And that's not the ceiling. Tesla has expansion plans for Florida, Nevada, and Arizona later in 2026.
The infrastructure is starting to show up too. Tesla filed paperwork to build a Robotaxi-exclusive Supercharger stall. That's an interesting detail. It signals they're thinking about operational efficiency for a fleet that needs to keep moving without a human deciding when to charge. A Robotaxi sitting at a shared stall for 45 minutes during peak hours is a different problem than an owner stopping on a road trip.
This could mean the unit economics are starting to work at small scale, or it could mean Tesla is laying infrastructure ahead of real volume. Either way, it's concrete action. That matters more than announcements about announcements.
Europe Finally Gets FSD (Supervised)
Tesla rolled out FSD (Supervised) to customers in the Netherlands, making it the first country in Europe to receive regulatory approval for the feature. Spain is also working with Tesla to assess whether FSD (Supervised) is viable as a publicly available option for owners there.
This has been a long time coming. European regulators generally move more cautiously on driver assistance tech than U.S. regulators, so getting Netherlands approval is a real milestone. If Spain follows, that opens two meaningful markets for a feature that Tesla has been selling in North America while European owners got nothing.
Worth being clear: this is still supervised FSD. The driver needs to be ready to take over. It's not Robotaxi. But it's a foothold in a market where Tesla has been selling hardware for years without this software capability unlocked.
Q1 2026 Earnings: The Setup
Wall Street's Q1 2026 consensus sits at $0.36 EPS on $22.35 billion in revenue. Compare that to Q1 2025 actuals of $0.27 EPS and $19.34 billion in revenue, and the expectation is straightforward: year-over-year improvement.
But Q4 2025 came in at $0.50 EPS and $29.4 billion in revenue, so there's an obvious sequential step-down expected. That's mostly normal seasonality. Q1 tends to be lighter than Q4 for automakers generally.
The more interesting question is what the commentary around guidance looks like, specifically whether Robotaxi expansion and FSD international progress come up with any hard numbers attached. Hardware revenue from vehicle sales is one story. Services and autonomy is a different story, and that's where analysts will push hardest.
The Roadster Is Still Not Here
The Roadster unveiling was originally scheduled for April 1, 2026 (not a typo, and yes, I noticed the date). It has since been pushed to "probably late April" per Elon Musk. This is the Roadster. Delays are table stakes at this point.
I'm not going to say much more about it because Roadster timelines have burned me before. "Probably late April" is doing a lot of work in that sentence.
What to Actually Watch
The Robotaxi city count is interesting but what matters is whether the Florida, Nevada, and Arizona expansions actually land on the stated 2026 timeline. Same with the Netherlands FSD rollout, whether it stalls at one country or expands quickly through Europe. Those are real signals about where the autonomy program actually is, as opposed to where the press releases say it is.
The earnings number will tell you about Q1. The autonomy trajectory will tell you about everything after that.
Source: Teslarati