This study proposes a novel fault-tolerant control (FTC) scheme for dual three-phase (DTP) permanent magnet synchronous motors (PMSMs), which is based on an optimization of objective function, utilizing a weighted sum approach to achieve both maximum torque (MT) and minimum loss (ML) control during open-switch faults (OSF) in DTP inverters. The MT control achieves a torque of 0.87 p.u., whereas the ML control further reduces losses by 20 % compared to conventional methods, while maintaining a torque of 0.76 p.u. during fault conditions. To simplify the online implementation, a phase shift based approach is proposed, which reduces the complexity in handling faults. Instead of requiring 12 different equations to address all possible fault scenarios, this method requires only two. Experimental results validate the effectiveness of the proposed methods and comparative analysis are provided.