Tesla lowers 2026 capital expenditure guidance from $25 billion to $20 billion
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View chart & analysis → - 1Tesla lowered its previous 2026 capital expenditure guidance of $25 billion to $20 billion.
- 2Tesla's quarterly expenditure of $4.73 billion was less than the $3.2 billion analyst estimate.
- 3Elon Musk said Terafab, a chip factory being built with SpaceX, will require tens of billions of dollars in equipment by early 2028 and more than $100 billion in the long term.
So what's the key point?
Tesla reduced its planned spending for 2026 from $25 billion to $20 billion. This follows a quarter where the company spent $4.73 billion, which was less than expected.
Source MarketWatch +1 · View original ↗
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