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Investing.com -- Tesla (NASDAQ:TSLA), the electric vehicle manufacturer, has projected its capital expenditure to surpass $11 billion by 2025, according to a recent 10-K filing. This estimate exceeds the Bloomberg Consensus forecast of $10.88 billion.
In addition to this, the company also anticipates its capital expenditure to continue exceeding $11 billion in the fiscal years 2026 and 2027. This information, disclosed in the same 10-K filing, signals Tesla’s ongoing commitment to substantial investment in its operations and infrastructure.
The 10-K filing is a comprehensive report submitted annually to the U.S. Securities and Exchange Commission (SEC). It provides a detailed summary of a company’s financial performance, including details such as earnings, sales, and capital expenditure.
Tesla’s anticipated capital expenditure for the next few years indicates its plans for significant financial investment. Capital expenditure, or Capex, is the money a company spends on physical assets like buildings, equipment, and technology, which are critical for its operations and growth.
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