Tesla profit drops 43% as revenue stalls amid robotaxi pivot

ruhrnachrichten.de (German) —

Tesla reported a 43% drop in quarterly profit to $1.37 billion, with revenue stagnating at $28.05 billion. The decline follows a surge in deliveries last year driven by expiring US tax incentives. CEO Elon Musk confirmed speculation about a potential merger with SpaceX. Tesla's third-quarter deliveries fell this year after a 7.4% boost in late 2025, when buyers rushed to claim a $7,500 US tax credit before it expired. Despite the results, Tesla beat analyst revenue expectations, and shares rose 1.6% in after-hours trading. Musk is pivoting the company toward self-driving robotaxis and humanoid robots, though car sales remain the primary revenue source.


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