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

First reported by Decrypt at · Updated · 1 source

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.

Reported so far by one publisher.

Summary from Decrypt.

Reporting1

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Topics TeslaElon MuskSelf-driving cars