Tesla said it expected capital expenditures to be $6 billion to $8 billion in 2022, up from an April forecast of $5 billion to $7 billion.
The world’s largest maker of electric cars struggled with production problems in China.
The decline in deliveries by the electric carmaker in the second quarter was the first drop since the beginning of 2020. The main reason was factory shutdowns in China.
The gap with workers widened even further as public companies granted top executives rich pay packages partly inspired by Tesla.
Tesla shifted to selling cars entirely online in 2019. Now, some established automakers, like Ford, are talking about taking a similar approach.
Automakers and technology companies say they are making driving safer, but verifying these claims is difficult.
La manera en la que el magnate ha manejado Tesla revela una disfunción detrás de la capa de tecnofuturismo y éxitos bursátiles del pasado.
The electric carmaker has been growing fast in recent years, but Elon Musk, its chief executive, appears to be concerned about a weakening economy.
His long list of unfulfilled commitments wildly exceeds his achievements.
His long list of unfulfilled commitments wildly exceeds his achievements.