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Tesla Faces Profit Decline Amid Bold AI and Robotics Ventures While Considering SpaceX Merger

Technology News

Tesla Faces Profit Decline Amid Bold AI and Robotics Ventures While Considering SpaceX Merger

Tesla's AI Ambitions Take Centre Stage as Musk Weighs SpaceX Merger

techloy.com

Tesla's AI Ambitions Take Centre Stage as Musk Weighs SpaceX Merger

Tesla reported $28.05 billion in revenue for the third quarter, slightly below the $28.13 billion analysts expected.

Tesla Q3 2026: Profit Falls 43%, FSD Slips to 2027

Technology Org

Tesla Q3 2026: Profit Falls 43%, FSD Slips to 2027

Tesla Q3 revenue held at $28.05B, but profit fell 43% as AI spending rose, and unsupervised FSD for owners slipped to Q2 2027.

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

Decrypt

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.

Tesla cuts spending before potential SpaceX deal even as Musk bets future on AI, robots

The Business Times

Tesla cuts spending before potential SpaceX deal even as Musk bets future on AI, robots

Revenue is flat on the year as net income dives 43%; adjusted earnings top Wall Street expectations Read more at The Business Times.

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