Tesla says it expects $1B in capital expenditures in final quarter of the year

Tesla’s march toward its goal of being able to produce 5,000 Model 3 vehicles per week is a very expensive prospect — but the company, which says it will have $1 billion in capital expenditures for the fourth quarter this year, says it basically has enough money to hit that target. All of this isn’t necessarily going directly toward the Model 3, as Tesla’s expenses can… Read More