BusinessManufacturingTechnology

Tesla Q3 Earnings Reveal 37% Profit Drop Despite Revenue Growth

Tesla reported a significant 37% decline in third-quarter profits despite revenue growth, according to financial reports. The electric vehicle maker faced soaring operating costs and relied on one-time sales boosts from expiring tax credits.

Financial Performance Overview

Tesla’s third-quarter financial results revealed a complex picture of the company’s current standing, with profits reportedly plunging nearly 40% despite revenue growth. According to the analysis of Q3 2025 earnings, the electric vehicle manufacturer generated $28.1 billion in revenue for the quarter ending in September, representing a 12% increase from previous periods. However, sources indicate the company’s profits fell to $1.4 billion, down 37% from the $2.2 billion reported during the same period last year.

AIBusinessTechnology

Elon Musk Seeks Expanded Tesla Control to Oversee AI and Robotics Development

Elon Musk is advocating for a massive Tesla pay package that could increase his stake to nearly 29%. The billionaire argues this expanded control is essential for overseeing the company’s ambitious robotics and AI development plans. Musk expressed concerns about being sidelined while building what he described as a “robot army.”

Musk Defends Compensation Package as Necessary for AI Oversight

Elon Musk is defending his proposed $1 trillion Tesla compensation package, arguing it’s essential for maintaining influence over the company’s artificial intelligence and robotics development, according to reports from the company’s quarterly earnings call. The Tesla CEO reportedly stated he wants to ensure he maintains significant oversight as the company advances its robotics initiatives.

AutomationManufacturingRobotics

Amazon’s Automation Drive Could Displace 600,000 Warehouse Roles by 2033, Documents Suggest

Amazon is accelerating its warehouse automation efforts with plans to replace over half a million human jobs with robots by 2033, according to leaked documents. The retail giant aims to automate 75% of its operations while maintaining its status as a major employer through new role creation.

Amazon’s Robotics Expansion Plans

Amazon is significantly expanding its robotic workforce with plans that could potentially displace approximately 600,000 human employees by 2033, according to internal documents reviewed by The New York Times. The retail giant reportedly aims to automate 75% of its warehouse operations, representing one of the largest workforce transformation initiatives in corporate history.