Tesla revises investment plan, aims to spend up to USD24 million over three years
Tesla had previously planned capital expenditure of USD5 billion–USD7 billion per year
US EV maker Tesla is expected to spend between USD6 billion and USD8 billion in 2022, 2023, and 2024, each, as the company looks to ramp up production at its new facilities in Texas and Berlin, a Reuters news report published on 26 July 2022 said.
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