Tesla Reports $1.53 Billion Free Cash Flow, Cuts 2026 Spending Forecast
Tesla generated $1.53 billion in free cash flow in Q3, surpassing market expectations. The company reduced its 2026 capital expenditure forecast to about $20 billion from over $25 billion. Revenue remained flat year-over-year but beat estimates, while net income dropped 43%. Tesla delivered 486,532 vehicles in the quarter amid rising electric vehicle demand.
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