Mobility
Tesla Q2 revenue rises but profitability worsens; Cybercab, Semi timelines slip
Tesla removed its 2026 mass-production plans for the Cybercab, Tesla Semi and Megapack 3, and also deleted wording on Optimus mass production, TechCrunch reported, citing a second-quarter shareholder letter. Tesla said it is working to increase battery production, especially 4680 cells, to mass-produce the Cybercab and Semi, but did not explain delays for Megapack 3 or whether Optimus is delayed. Second-quarter revenue rose to $28.2 billion, while net profit fell to $1.1 billion and free cash flow turned negative.
