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markets

Tesla's Profit Drops 43% as Musk Starts Building Robots and Plans to Sell Driverless Cabs

DecryptOctober 22, 2026 · 6:34 PM2 min read
Tesla's Profit Drops 43% as Musk Starts Building Robots and Plans to Sell Driverless Cabs

Tesla earned $787 million last quarter, down from $1.37 billion, as spending on robots and self-driving cars soared. Optimus is in production, and Tesla aims to get Cybercabs to customers by year-end.

Originally published on Decrypt

Tesla earned $787 million last quarter, down from $1.37 billion, as spending on robots and self-driving cars soared. Optimus is in production, and Tesla aims to get Cybercabs to customers by year-end.

Read the full article on Decrypt →

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