Tesla Reports Earnings Miss and Negative Free Cash Flow Amid Rising Capital Expenditures
Tesla reported quarterly earnings below expectations, with adjusted EPS at $0.33 versus a forecast of around $0.50. Despite strong sales growth to $28.24 billion, declining gross margins and negative free cash flow raised concerns about the company's spending on capital expenditures and slow progress in its robotaxi division.
Tickers: $TSLA
Topics: Capital Expenditures Earnings Margins Robotaxi Stock Performance