Tesla’s cash flow turns negative, first time since 2024
Tesla's Q2 revenue spiked 25.5% to US$28.2bn, primarily driven by a 25% increase in deliveries to more than 480,000 units. These add up to ostensibly one of the company's most successful first six months on record, yet intensifying R&D spend on AI dragged both EBIT and net profit flat.
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Originally posted on: https://www.automotiveworld.com/analysis/teslas-cash-flow-turns-negative-first-time-since-q2-2024/