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Tesla stars Optimus robot production in California as profit falls 43%

TechCrunch·October 21, 2026·1 min read
Tesla stars Optimus robot production in California as profit falls 43%

Tesla's profit fell 43% as revenue stayed flat and expenses surged on investments in Optimus robots, AI, and autonomous driving. The company highlighted Optimus production in California, signaling a strategic push into robotics despite the financial hit. Investors reacted to the earnings report, which showed rising costs outpacing sales growth.

Read at TechCrunch
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