Tesla Shares Fall 3% After Cutting Capital Spending

T1Covered by 1 source · first reported by The Information (teasers) at 22 Oct, 00:25 UTC

Tesla reported flat revenue while surprising analysts by reporting free cash flow for its third quarter. On Wednesday, the company said its revenue for the period was $28 billion, unchanged from a year earlier. Instead of burning $4.92 billion in cash for the quarter, as analysts had forecast, ...