The story so far
Tesla Q2 Earnings Cash Burn
Tracked across 5 sources · Updated 3h ago
Tesla reported Q2 negative free cash flow of $1.1 billion as capex surged on AI and robotaxi investments, with spending expected to exceed $25 billion in FY6. Profit dropped 12% while revenue beat estimates. Musk warned capital efficiency may decline for 2-3 years. Stock fell after hours.
How it unfolded
9h ago
Analyst expects 2027 capex to beat street estimates
9h ago
Tesla profit drops 12% as R&D spending jumps 49%
1d ago
Musk warns of rising capex for next 2-3 years
1d ago
Tesla posts negative free cash flow, first in over two years
1d ago
Tesla Q2 earnings preview: AI spending in focus
What happened earlier
Latest updates
Latest
Full story →TSLA Stock Extends Tumble Overnight: Munster Sees Capex Blowing Past Street Estimates Next Year Too
Tesla's stock extended its decline overnight.
Analyst Gene Munster projects Tesla's 2027 capital expenditure at $25 billion.
Wall Street's consensus estimate for Tesla's 2027 Capex is $21 billion.
Munster's forecast suggests capex will exceed street estimates again next year.
Earlier · 20h ago
Full story →Tesla Q2 earnings due; AI spending to hit $25B
Tesla is expected to report Q2 earnings, with its stock down 15% this year.
Tesla's spending on AI infrastructure is projected to reach $25 billion in 2024.
The AI infrastructure spending will surpass the quarterly cash generated by Tesla's core automotive and energy operations.
Investors are watching whether Elon Musk's AI vision can drive TSLA stock direction.
Earlier · 14h ago
Full story →SpaceX stock remains stagnant after 20% fall as investors await Tesla earnings
SpaceX stock dropped about 20% since early last week after cancellation of Starship V3 launch due to an engine issue.
Stock closed at an all-time low of $119.85 on Monday, with $100 seen as next key support level.
SpaceX aims for next Starship test launch as early as Thursday, which could be a positive trigger.
Investors await Tesla Q2 earnings on Wednesday evening, as both companies are led by Elon Musk.
SpaceX plans to release Q2 results on August 4, with focus on Starlink growth and AI computing deals.