Tesla (TSLA) quietly cuts 2026 capex guidance to $20B
Tesla quietly lowered its 2026 capex forecast in its Q3 10-Q filing, reducing expected capital spending from 'more than $25 billion' (guided since April) to 'in excess of $20 billion.' The change appeared in the 10-Q regulatory filing rather than the shareholder letter released the same day. The revision came during a quarter where Tesla reported $1.53 billion in positive free cash flow, though the cash flow figure depends significantly on payment timing.
Key points
- 2026 capex forecast reduced to over $20 billion from prior guidance of over $25 billion
- Change disclosed in Q3 10-Q filing, not shareholder letter
- Revision made despite $1.53 billion positive free cash flow in the quarter
Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. Electrek did the reporting; read the original for the full story.
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