BRIEF-Tesla CFO Says Capex Will Grow For The Next Two Or Three Years

Tesla Motors, Inc.
Micron Technology, Inc.

Tesla Motors, Inc.

TSLA

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Micron Technology, Inc.

MU

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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 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

Further company coverage: TSLA.O


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