Reuters: Tesla's AI transformation faces headwinds; full-year spending target for 2026 is projected to drop by about 20%
Reuters published a post yesterday (October 21) reporting that Tesla's capital expenditure for the third quarter was $4.73 billion (IT Home note: approximately 31.64 billion RMB at current exchange rates), which is more than double the year-over-year figure but significantly below market expectations of roughly $7.7 to $7.95 billion (approximately 51.508 to 53.18 billion RMB at current exchange rates).
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