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# Tesla spending skyrockets as Cybercab, Semi, Megapack production timeline slips

**[TechCrunch](https://daily.dev/sources/tc)** · 4 min read · 0 upvotes · 0 comments

## Summary

Tesla's Q2 2026 shareholder letter reveals the company is no longer targeting 'volume production' of the Cybercab, Tesla Semi, and Megapack 3 in 2026, with similar language removed for its Optimus robot. The delays stem partly from challenges scaling 4680 battery cell production. Despite reporting $28.2 billion in revenue — a 26% year-over-year increase — Tesla's net income fell 5% to $1.1 billion, operating costs surged 47% to $4.3 billion, capital expenditures more than doubled, and free cash flow turned negative at -$1 billion. The company delivered over 480,000 vehicles in Q2, its best quarter since Q3 2025, and energy storage revenue grew 13%. Tesla continues its strategic pivot from EV maker toward AI, robotics, and autonomous services.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2026/07/22/tesla-spending-skyrockets-as-cybercab-semi-megapack-production-timeline-slips>

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---

Tags: [#robotics](https://daily.dev/tags/robotics), [#tesla](https://daily.dev/tags/tesla)

[View this post on daily.dev](https://daily.dev/posts/tesla-spending-skyrockets-as-cybercab-semi-megapack-production-timeline-slips-rccekeasr)

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