Tuesday, July 26, 2022

Tesla Increases Capital Spending Plan by $1 Billion, Discloses Second Subpoena on Elon Musk’s 2018 Tweet

Tesla will increase its capital spending plan by $1 billion (roughly Rs. 8,000 crore), the electric vehicle manufacturer revealed in a regulatory filing on Monday. The firm is looking to ramp up production at its new facilities in Texas and Berlin, and expects to spend between $6 billion (roughly Rs. 47,900 crore) and $8 billion (roughly Rs. 63,800 crore) this year an...

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