Tesla is expected to report lower sales and adjusted profit, and planned spending is set to exceed cash from operations by about $4.5 billion. Deliveries beat estimates and energy storage grew, but those gains do not erase the expected car-sales decline and cash drain.
The spending plan could use cash faster than Tesla brings it in, leaving less room to absorb weaker car sales. Deliveries beat estimates and energy storage grew. But lower sales and adjusted profit are expected, and planned spending far exceeds cash from operations.
SpaceX is part of early talks about a possible tie-up with Tesla, and Musk described possible shared technology. He said no deal is guaranteed, so the story reports no clear change to SpaceX's outlook.
Alphabet appears because its Waymo unit is a Tesla robotaxi rival, but the story reports no change to Alphabet's business. A possible mention during Tesla's report does not change Alphabet's outlook.
Intel joined Tesla's chipmaking project, but its exact role remains unclear and no contract or expected sales for Intel are reported. The story does not show a clear change to Intel's outlook.
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