Tesla starts Optimus production as net profit falls 43%
Tesla reported third-quarter 2026 results with a 43% drop in net profit to $787 million, down from $1.373 billion a year earlier. Operating expenses rose 39% and research and development spending rose 69%. In parallel, the company confirmed it began producing its Optimus robot in Fremont, on the lines where it previously assembled the Model S and Model X, and expects to reach 20,000 units per week by the end of 2027.
In 30 seconds
- Net profit fell 43% to $787 million, with operating expenses up 39%
- R&D investment rose 69% to $2.76 billion
- Tesla began assembling Optimus in Fremont and targets 20,000 units per week by the end of 2027
Read the full story at Motorpasión
IASummary generated by artificial intelligence from a story by Motorpasión. It may contain errors: the original source prevails.
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