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🇨🇾 Cyprus Mail

EN · 23 Oct, 06:27

Tesla cash flow beats targets as lower capex raises AI strategy questions

Indexed from Cyprus Mail · Crawly News

By Reuters News Service

Tesla (TSLA.O) cut its annual capital expenditure forecast by a fifth and posted surprise positive free cash flow in the third quarter on Wednesday, after investing far less in its AI and robotics ambitions than Wall Street had expected. The unexpected cash generated in the quarter comes at a critical moment for…

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