Tesla profit drops 43% as capex cut raises AI doubts

Tesla's capex cut tests investor confidence in its expensive robotics and robotaxi bets.

Tesla's profit fell 43% while Musk touted Optimus robots and driverless cabs; the company lowered its capital expenditure target, sending shares lower amid doubts over its AI and robotics push.

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Read it at Longbridge →

Coverage: 7 sources, in order

1. 22 Oct 06:41 Longbridge Read the article →
2. 22 Oct 07:28 AOL.com Read the article →
3. 22 Oct 10:53 CNA Read the article →
4. 22 Oct 13:42 Yahoo Finance Read the article →
5. 22 Oct 16:56 Investopedia Read the article →
6. 22 Oct 17:35 Bloomberg Read the article →
7. 22 Oct 18:06 Decrypt Read the article →

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