SShortSingh.
Back to feed

Tesla posts $1.53 bn free cash flow as it trims 2026 spending forecast

0
·1 views

Tesla generated $1.53 billion in free cash flow during the third quarter, beating market expectations. The company lowered its 2026 capital expenditure forecast to about $20 billion, down from more than $25 billion. Revenue held flat year over year but still exceeded analyst estimates, while net income dropped 43%. Electric vehicle demand strengthened, with Tesla delivering 486,532 vehicles in the quarter.

Read the full story at Times of India

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Log in to join the discussion and vote.

Log in

Related stories

0
IndiaTimes of India ·

Sheetal Devi wins two gold medals again at the 2026 Asian Para Games

Indian para-archer Sheetal Devi won two gold medals at the Asian Para Games, matching her double-gold feat from 2023. She retained her individual title after beating Singapore's Alim Nur Syahidah in a closely contested final. She also teamed up with Toman Kumar to claim gold in the mixed team event. Sheetal further added a silver in the women's compound doubles, partnering with Payal Nag.

0
IndiaTimes of India ·

Tata Sons and Tata Trusts Review Insurance Cover Amid Looming Legal Battle

Tata Sons and Tata Trusts are both examining their insurance policies in the wake of recent legal disputes between them. The review is intended to determine how well each side is protected against possible lawsuits and the legal costs that could follow. Tensions escalated after a contentious board meeting on September 17 that addressed the group's strategic direction. The report does not detail the specific claims at issue or the policies under review. The discussions reflect growing concern over a possible prolonged legal confrontation.