Tesla CFO Says Capex Will Grow For The Next Two Or Three Years
TSLA•Tesla comments on capex, cash flow and supply chain
July 22 (Reuters) - Tesla Inc TSLA.O:
- Tesla CEO Elon Musk says started production of Semi truck
- Tesla CEO Musk says placed equipment orders for our development fab in Austin
- Tesla CFO says exited Q2 with our largest order backlog since 2023
- Tesla CFO says production growth will be limited by supply chain of batteries and electronic components
- Tesla CFO says expect our operating expenses largely driven by research and development to continue to grow in 2026 and beyond
- Tesla CFO says capex will grow for the next two or three years
- Tesla CFO says negative free cash flow to deepen in second half of 2026
- Tesla CEO Musk says Micron provided a very significant allocation of memory chips on reasonable terms
- Tesla CEO Musk says expects self-driving tech in its Semi trucks around end of this year or early next year
