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Tesla Spent $4.73 Billion on Capital Projects Against a Forecast of $7.94 Billion. It Has Cut This Year's Budget to $20 Billion From More Than $25 Billion.

Tesla said on Wednesday 21 October that third-quarter capital spending was $4.73 billion and free cash flow was positive $1.53 billion, against S&P Global Market Intelligence forecasts of $7.94 billion and negative $4.09 billion. On the earnings call it cut its 2026 capital spending guidance to about $20 billion from more than $25 billion. Revenue was flat at $28.05 billion and GAAP operating income fell 55.8 per cent.

By Alison Acosta 3 hours ago

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Technology

Tesla Reports on Wednesday With Capital Spending Forecast at $7.94 Billion, Up 253 Per Cent. Analysts Expect Free Cash Flow of Negative $4.09 Billion.

Tesla reports third-quarter results after the close on Wednesday 21 October, with a webcast at 5:30 p.m. Eastern. S&P Global Market Intelligence's consensus has capital spending at $7.94 billion and free cash flow at negative $4.09 billion, against roughly positive $4 billion a year earlier. Those are forecasts, not results.

By Alison Acosta October 18, 2026

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Tesla Spent $4.73 Billion on Capital Projects Against a Forecast of $7.94 Billion. It Has Cut This Year's Budget to $20 Billion From More Than $25 Billion.

Tesla Reports on Wednesday With Capital Spending Forecast at $7.94 Billion, Up 253 Per Cent. Analysts Expect Free Cash Flow of Negative $4.09 Billion.