TNW | Tesla
Tesla’s profit falls 43% as it starts building Optimus robots
Tesla’s third-quarter net income fell 43% to $787 million as spending on AI, robots and self-driving climbed. Optimus production has started, and Cybercab sales begin by year end.
By TNW | Tesla
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Tesla’s profit fell 43% in the third quarter as it spent heavily on AI, robots and self-driving cars. Net income came in at $787 million, down from $1.37 billion a year earlier, according to Tesla’s third-quarter update, published on Wednesday. Revenue was flat at $28.05 billion.
The same update says Tesla has…
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