AIThe Registerabout 3 hours ago
Tesla burns $1.1B as Musk bets on chips and bots
3 min read
Tesla posted negative free cash flow of $1.1 billion in Q2, down 848 percent year-on-year, as capital expenditure more than doubled to $5.8 billion. The company is investing heavily in AI silicon, the Terafab development fab in Austin, and the Optimus humanoid robot. Vehicle deliveries rose 25 percent to 480,126, but operating margin fell to 1.4 percent.
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