Tech · 12 d ago
Sikander · CC BY-SA 4.0 · Wikimedia Commons
Tesla cuts its 2026 spending plan as SpaceX merger talks go on
Tesla's 2026 capital spending, new forecast
20 US$ billion
Tesla now expects capital spending of roughly US$20 billion in 2026, down from an earlier forecast of more than US$25 billion.
Third-quarter spending was US$4.7 billion, well below the US$7.5 billion analysts expected, so Tesla reported free cash flow of US$1.53 billion.
What we know
- Both firms formed special committees
- Talks are at an early stage
Not yet
- The structure and price of a deal
- Whether shareholders back it
Musk called a merger a “good idea” and both companies formed special committees, while talks remain at an early stage, according to people familiar with them.
“Demand is growing rapidly for our vehicles. It’s exceeding our production by a significant margin,” Musk told analysts.
— Elon Musk, Tesla CEO
