Tesla Reports Q1 Earnings, Shares Fall Amid Increased Capital Expenditures
Tesla's first-quarter vehicle deliveries rose 6% year-over-year but declined from Q4. The company expects capital expenditures to exceed $25 billion in 2026, potentially leading to negative free cash flow for the rest of the year. Despite strong revenue and profit growth, Tesla's stock fell after the earnings report due to concerns over increased spending.
Tickers: $TSLA
Topics: Capital Expenditures Earnings Free Cash Flow Stock Performance Tesla