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TSLA Stock Slips After Hours — EV Giant Reports High Cash Burn In Q2 Amid AI, Robotics Pivot
in5points
Tesla reported negative free cash flow of $1.1 billion in Q2, first time in over two years.
The cash burn is linked to increased spending on AI and robotics initiatives.
TSLA stock slipped in after-hours trading following the earnings report.
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Rajeev Chandrasekhar / Jupiter Capital interests historically