Tesla's $1.44B Cash Inflow Dwarved by $25B+ AI Spending Plan

Tesla's $1.44B Cash Inflow Dwarved by $25B+ AI Spending Plan

Tesla took in $1.44 billion in spare cash last quarter — money left after paying its bills — Reuters reports. But the company plans to spend over $25 billion this year on AI and self-driving taxis. One good quarter doesn't cover that, and whether these bets pay off remains unproven.

Published

Read at another depth