Tesla has withdrawn its mass-production plans for the Cybercab, Tesla Semi and Megapack 3 that had been set for 2026. TechCrunch reported on Tuesday that Tesla no longer presented a 2026 mass-production plan for the three products in its second-quarter shareholder letter and also deleted wording on Optimus mass production.

Tesla said it is working to increase battery production, especially 4680 cell output, to mass-produce the Cybercab and Semi. It did not explain why the Megapack 3 schedule was delayed or whether Optimus is delayed.

The Cybercab began production of its first mass-produced vehicles earlier this year at a plant in Austin, Texas. The Semi and Optimus are still at the stage of setting up production lines. Tesla had said as recently as January that the Cybercab, Semi and Megapack 3 would enter mass production within this year.

Tesla said second-quarter revenue rose but profitability worsened as it increased investment in next-generation products. Second-quarter revenue came to $28.2 billion, up 26 percent from $22.5 billion a year earlier and above $22.38 billion in the previous quarter.

Automotive revenue rose to $20.5 billion from $16.6 billion a year earlier. Vehicle deliveries exceeded 480,000 units, up more than 120,000 from the first quarter. In markets outside the United States including South Korea, Australia, Colombia, Japan, Taiwan, Thailand, Portugal, the Philippines, Chile, Slovenia and Lithuania, it posted record-high sales.

Revenue from energy storage and solar operations rose 13 percent to $3.1 billion. Supervised full self-driving subscriptions reached 1.48 million, up 56 percent from a year earlier.

Net profit, however, fell 5 percent from a year earlier to $1.1 billion. Operating expenses surged 47 percent to $4.3 billion, while operating profit dropped 57 percent to $398 million. Free cash flow swung to a negative $1.0 billion, from a positive $1.44 billion in the previous quarter and a positive $146 million a year earlier.

Tesla is increasing spending as it shifts from an electric-vehicle maker to a company focused on AI, robotics and related services. Chief Financial Officer Vaibhav Taneja had previously said cash flow would be negative for the rest of this year. Tesla put 2026 capital expenditure at $25.0 billion.