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Business, Funding & Policy · first seen 21 October 2026, 23:56 UTC
Tesla margins recover but AI and robotics spending absorbs the gain
Tesla's results show AI and robotics bets weighing on earnings while its core car business stalls.
Tesla's third quarter showed per-car profitability improving while total sales stalled; revenue was roughly flat at $28.05B as spending on AI, robotaxis and humanoid robots consumed most of the improvement. Tesla aims to sell Cybercab robotaxis by year-end despite a federal probe.