Tesla reports $1.53 bn in free cash flow amid one-fifth cut to 2026 spending forecast
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Tesla generated $1.53 billion in free cash flow in the third quarter, which exceeded market expectations. The company's capital expenditure forecast for 2026 was cut to approximately $20 billion from over $25 billion. Tesla's revenue was flat compared to the previous year but still surpassed estimates, while net income fell 43%. Demand for electric vehicles rose significantly as Tesla delivered 486,532 vehicles in the quarter.
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- https://timesofindia.indiatimes.com/business/international-business/tesla-reports-1-53-billion-in-free-cash-flow-amid-one-fifth-cut-to-2026-spending-forecast/articleshow/135107813.cms
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- 22/10/2026 05:52 UTC
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- 22/10/2026 06:09 UTC
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