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

Summary by coinstats.app
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.

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KreiszeitungKreiszeitung
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mannheim24.demannheim24.de
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Tesla earns 43 percent less in the third quarter and sales stagnate. Musk relies on robots and robotics, but the money still comes from e-cars.

·Syke, Germany
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American automaker Tesla reported a drop in both profit and sales in the third quarter. The electric car manufacturer reported a net profit of $787 million (16.98 billion crowns), a 44 percent year-on-year decline. This is according to the results the company published late Wednesday evening. Sales fell less than...

The net profits of the US electric vehicle manufacturer Tesla fell by 43 per cent a year in the third quarter of 2026 to $787 million, according to the company ' s accounts. At the same time, the loan declined by 0.17 per cent to $28 billion. The consensus projection of analysts interviewed by LSG was estimated to be $27.88 billion.

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Kreiszeitung broke the news in Syke, Germany on Thursday, October 22, 2026.
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