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Next Gen Vehicles

All articles tagged with #next gen vehicles

businessfinance1 year ago•1 min saved

"Tesla's Projected Capex Spending Surpasses $10 Billion by 2024"

Tesla expects to spend over $10 billion on next-generation vehicles, AI products, and other projects in 2024, with capital expenditure ranging from $8 billion to $10 billion for the following two fiscal years. The company is focusing on ramping new products, expanding manufacturing facilities, developing new battery cell technologies, and investing in autonomy and artificial intelligence-enabled training and products. Tesla anticipates meeting its capex needs from cash flow from operations, but warned of slower growth this year as it prioritizes its next-generation vehicle, with analysts expressing disappointment in the recent earnings call and the stock falling 26% year to date.

via MarketWatch|

#ai-products #businessfinance #capital-expenditure

business2 years ago•2 min saved

Tesla's Growth Waves: A Forecast for the Future

Tesla has warned investors that it is currently in an "intermediate low-growth period" as it transitions between two major growth waves. The company's guided 50% growth rate may be affected during this period. Tesla's previous growth has been impressive, but with its current vehicle lineup, significant growth is unlikely. The company is banking on its next-generation vehicles, including the cheaper "$25,000 Tesla," to drive future growth, but the exact timeline for their release is uncertain. This "intermediate low-growth period" could last for a few years.

via Electrek|

#business #electric-vehicles #growth-waves