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Finance & Markets

Tesla's Profit Drops 43% as Musk Starts Building Robots and Plans to Sell Driverless Cabs

Tesla earned $787 million last quarter, down from $1.37 billion, as spending on robots and self-driving cars soared. Optimus is in production, and Tesla aims to get Cybercabs to customers by year-end.

Tesla's Profit Drops 43% as Musk Starts Building Robots and Plans to Sell Driverless Cabs

We haven't written up this one. Decrypt has the full story — the link below goes straight to it.

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WATCH; Netanyahu visits Leviathan gas platform as Israel projects NIS 350 billion in energy revenue

During a visit to the Leviathan gas platform, Netanyahu touted natural gas as a strategic national asset, highlighting billions in state revenue, savings for Israeli families, and diplomatic benefits.

  • Prime Minister Benjamin Netanyahu toured Leviathan gas platform on Thursday.
  • Leviathan contributed NIS 32 billion in revenue since December 2019.
  • Export deal with Egypt valued at NIS 112 billion expected in 2025.

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