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via finance.yahoo.comMarkets

Tesla's lower capex plans leave investors questioning spending

FROM THE WIRE · FINANCE.YAHOO.COM

The 8:30 Hosts Julie Hyman, Pras Subramanian, and Jake Conley discuss the implications of Tesla's (TSLA) lower spending plans. Video Transcript 00:00 Speaker A want to talk about Tesla, of course. Um kind of a head scratcher here, right? So the company reporting earnings beat…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA capex cut at a mega-cap can shift expectations on free cash flow and growth.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Tesla reported a Q3 earnings beat.
  2. 02Free cash flow came in at $1.9 billion versus a burn of $4.9 billion.
  3. 03Capex for the year is seen at $20 billion, below the $25 billion previously expected.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Tesla, Inc.TSLAStock383.38 USD-0.80%today -0.80%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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