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

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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.

Key Takeaways

  1. Tesla earned $787 million last quarter, down from $1.37 billion, as spending on robots and self-driving cars soared.
  2. Optimus is in production, and Tesla aims to get Cybercabs to customers by year-end.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from Decrypt. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.