Explore stories from Atlantic Canada.
Cooking Culinary Adventure: inspired by Halifax's Seaport Market | SaltWire #cooking #cookingshorts - Tesla said on Monday its capital expenditure for 2023 would exceed the $7 billion to $9 billion target it had laid out earlier this year, as the electric-vehicle maker ramps up output at its factories and gears up to roll out new models.
The automaker is expected to start shipments of its revamped Model 3 compact sedan and the"Blade Runner"-inspired Cybertruck in the last three months of the year, after factory retooling in the third quarter that sapped deliveries and ate into earnings. The company's spending is, however, expected to return to the $7 billion and $9 billion range in the next two years, a regulatory filing showed.
CEO Elon Musk said at Tesla's earnings call earlier this month that the company was hesitating on its plans for a factory in Mexico as it grapples with a turbulent economic outlook. He warned that rising interest rates could impact demand at Tesla, which has turned to a margin-sapping price war this year to maintain sales.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China's central bank governor outlines priorities in work reportExplore stories from Atlantic Canada.
Read more »
Rugby-Winning World Cup more important than try scoring record, says All Black aceExplore stories from Atlantic Canada.
Read more »
Soccer-Vlahovic ready but Chiesa a doubt as Juventus take on MilanExplore stories from Atlantic Canada.
Read more »
EU envoy tells Kosovo and Serbia to return to dialogueExplore stories from Atlantic Canada.
Read more »
Arabs condemn Israel's Gaza bombardment, urge fresh peace pushExplore stories from Atlantic Canada.
Read more »
EU envoy tells Kosovo and Serbia to return to dialogueExplore stories from Atlantic Canada.
Read more »