Business · 1 hour ago
Tesla reports $1.1 billion negative cash flow for Q2.
Tesla reported a negative free cash flow of $1.1 billion for the April-June period, with investment channelled into self-driving vehicles, artificial intelligence, and its Optimus robot. Analysts expect Tesla to keep losing cash until 2029, when robotaxi revenue is forecast to start coming in. The company’s $34.2 billion net cash reserve remains in place, which should provide protection against any hold-ups.
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