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Tesla Q3 Capital Spending More Than Doubles to $4.73 Billion

Tesla’s capital expenditures more than doubled in the third quarter to $4.73 billion, below the nearly $8.0 billion analysts expected, according to FactSet.

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Tesla more than doubled its capital expenditures in the third quarter, though spending remained below analysts’ expectations. The company spent 4.73 billion, down from the second quarter and short of the nearly 8.0 billion analysts expected, according to FactSet.