Tesla переносит запуск Cybercab, Semi и Megapack: рост расходов бьёт по прибыли

Tesla delays the launch of Cybercab, Semi and Megapack: higher spending hits profits

Tesla has pushed the timeline for volume production of Cybercab, Tesla Semi and Megapack 3 to 2026 and beyond. The letter also removed any reference to mass production of Optimus.

The company says it is scaling battery output, including 4680 cells, to prepare for Cybercab and Semi manufacturing. Semi and Optimus lines are still being refined.

Financially, the quarter was mixed: revenue increased, but net profit declined, capex rose sharply, and free cash flow turned negative.

The shift toward AI and robotics requires major investment, but product delays and rising costs are adding pressure. How do you assess this balance between growth and timing?