Tesla Profit Plunges 43 Percent as Musk Pivots to Robotaxis and Robots

welt.de (German) —

Tesla's third-quarter profit fell 43 percent year-over-year to $787 million, though revenue met expectations at $28.05 billion. CEO Elon Musk confirmed speculation about a potential merger with SpaceX. The year-ago quarter benefited from a temporary surge in U.S. deliveries as customers rushed to claim a $7,500 federal EV tax credit before it expired in late September 2025. That pull-forward effect led to a subsequent sales slump. Musk is increasingly shifting strategy toward robotaxis and humanoid robots, signaling a pivot away from traditional car sales as the company navigates post-subsidy market conditions.


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Tesla Profit Plunges 43 Percent as Musk Pivots to Robotaxis and Robots | News Minimalist