Tesla reports $1.53 bn in free cash flow amid one-fifth cut to 2026 spending forecast

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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Source attribution: Times of India – Business.

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