Manufacturing

Tesla expects rising capital expenses amid growth spurt

Tesla Fremont factory
(SHANNON STAPLETON\/REUTERS/REUTERS)
DH
By:
DANA HULL
B
By:
Bloomberg
|
October 26, 2020 04:06 PM

Tesla Inc. expects capital spending on new plants and equipment to reach the high end of a range from $2.5 billion to $3.5 billion in 2020, according to a regulatory filing.

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