$TSLA cut capex by $20B while quarterly revenue was flat and income fell 56%, with 75% paid FSD. The capex cut helps cash, but flat sales and a 56% income drop keep the valuation debate on margins.
TSLA cut capex $20B with flat revenue and 56% income drop.
TSLA
$390.22
-1.82%
What changed
TSLA cut capex $20B with flat revenue and 56% income drop.
Why it matters
TSLA cut capex $20B with flat revenue and 56% income drop. — impact context not separately stored; see What changed.