Expand
Updated
Tesla reported negative free cash flow of $1.1 billion for the quarter as CEO Elon Musk ramps up spending on the company's robotaxi service and Optimus humanoid robot programs. Despite the cash burn, the company maintains a $43.5 billion cash cushion that analysts said gives it flexibility to continue funding these initiatives. The figures highlight the scale of investment Tesla is directing toward new growth bets beyond its core electric vehicle business, even as investors watch closely for signs of when these programs might turn cash-flow positive.
Sources:Yahoo Finance