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TSLA Stock Extends Tumble Overnight: Munster Sees Capex Blowing Past Street Estimates Next Year Too
in5points
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.
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Rajeev Chandrasekhar / Jupiter Capital interests historically