Tesla Cuts Capex Plan for 2025

MT Newswires Live

2025/04/23

Tesla (TSLA) said Wednesday it currently expects this year's capital expenditures to exceed $10 billion.

"Changes in trade policy may necessitate adjustments to our project timelines, potentially impacting our capital expenditure expectations," the electric vehicle maker said in a regulatory filing.

The company said three months ago it expected over $11 billion in annual capital expenditures for 2025, 2026 and 2027.

Shares were over 7% higher ahead of the opening bell.

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