Tesla reports $1.53 bn in free cash flow amid one-fifth cut to 2026 spending forecast
Tesla reported $1.53 billion in free cash flow for Q3, exceeding market expectations. The company cut its 2026 capital expenditure forecast to approximately $20 billion from over $25 billion. Despite a 43% decline in net income, demand for electric vehicles surged, with Tesla delivering 486,532 vehicles in the quarter, indicating strong market performance.