Tesla's Q3 Capital Spending Misses Mark by a Mile, Musk's Grand Transformation Vision Put to the Test
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Author:小编   

On Wednesday, Tesla revealed that its capital expenditure for the third quarter amounted to $4.73 billion, a figure that pales in comparison to the average analyst forecast of $7.95 billion. Such a substantial gap in spending has thrown Elon Musk's ambitious strategy—to pivot Tesla from being solely an electric vehicle manufacturer to a powerhouse in the fields of artificial intelligence and robotics—into a realm of uncertainty.