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Tesla records $1.5 billion in Q3 free cash flow and announces production goals

The Motley Fool +1 ·

TSLA Tesla Inc
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  1. 1Tesla recorded $1.5 billion in free cash flow for the third quarter.
  2. 2Tesla achieved a cumulative production and delivery milestone of over 10 million electric vehicles.
  3. 3CEO Elon Musk stated the goal is to reach an annual production target of 5 million Tesla vehicles by 2030.

So what's the key point?

Tesla had $1.5 billion in cash left over in the third quarter and produced more than 10 million electric vehicles. The company aims to produce 5 million vehicles every year in the future.

Source The Motley Fool +1 · View original ↗

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