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Tesla delivered a record 480,000 cars in Q2 2026 and still watched profits collapse

BUSINESS ★ FEATURED

Tesla delivered a record 480,000 cars in Q2 2026 and still watched profits collapse

Tesla posted record Q2 2026 deliveries of 480,126 vehicles, up 25% year-over-year, yet revenue fell 12% to $22.5 billion and operating income collapsed 42% to $0.9 billion. The price cuts that cleared inventory are now squeezing the cash flow Tesla needs to fund Optimus, Cybercab, and its robotaxi ambitions. The bull case depends on the car business financing the AI future, and that math is getting harder to defend.

Elroy Fernandes

5 min read

506 reads

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Four DOGE alumni raise at a $1.4 billion valuation for Cathedral, a stealth military cybersecurity startup backed by a16z and Sequoia

6 min read · 524 reads

Four DOGE alumni raise at a $1.4 billion valuation for Cathedral, a stealth military cybersecurity startup backed by a16z and Sequoia

Brent crude hits $95 as Iran strikes and a double chokepoint threat upend the Fed's rate-cut math

5 min read · 550 reads

Brent crude hits $95 as Iran strikes and a double chokepoint threat upend the Fed's rate-cut math

Travis Kalanick closes a $1.7 billion round for Atoms as a16z bets big on physical AI

5 min read · 572 reads

Travis Kalanick closes a $1.7 billion round for Atoms as a16z bets big on physical AI

France becomes the first EU country to ban social media for children under 15

6 min read · 557 reads

France becomes the first EU country to ban social media for children under 15

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