Tesla expects capital expenditure to exceed $11 billion in 2026, 2027
(Reuters) - Tesla expects capital expenditure to exceed $11 billion this year and in each of the following two fiscal years, the electric automaker said in a filing on Thursday.
The company had said in October it expected spending to be between $8 billion and $10 billion in 2026. (This story has been corrected to fix the spelling of 'electric' in paragraph 1)
(Reporting by Zaheer Kachwala in Bengaluru; Editing by Arun Koyyur)