Tesla

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A long grey concrete factory building with two bands of windows, seen across a road and a strip of tall grass under a hazy sky.
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.

A white Tesla Model 3 parked on a mountain road
Business

Tesla Beat Deliveries and Still Sold Fewer Cars

Tesla delivered 486,532 vehicles in the third quarter, beating Wall Street's estimate by 5.3 percent. It also delivered 2.1 percent fewer cars than a year ago. At 340 times trailing earnings, the stock is priced for a future the car business cannot deliver alone.