Tesla

Tesla Generates $1.53bn In Free Cash Flow Even As Quarterly Profit Falls 43%

Tesla generated $1.53 billion in free cash flow in the third quarter, outperforming expectations for a cash outflow even as profit fell sharply.

Tesla Roadster Takes to the Air With SpaceX Thrusters, but Buyers Face a 2028 Wait

At the October 15 unveiling in Texas, the vehicle also drove upside down along a ramp using a suction system before performing airborne manoeuvres. Tesla has not disclosed its selling price.

What To Know About Elon Musk’s $16.8bn Chip Factory

Tesla and SpaceX are putting $16.8bn into a massive chip factory in Texas. Terafab could eventually cost $119bn as construction expands in phases. Tesla plans to use its chips for Optimus robots and autonomous vehicles. SpaceX wants the...
- Advertisement -spot_img

Latest News

Inside FG’s Ecological Intervention for Kano Farmers

Faruku Musa Haruna and other farmers in Kumfada used to pool their money to buy plastic sheets, trapping enough water to irrigate small patches of land. They wanted to keep farming after the rains, but their ambitions depended on how much water they could save.
- Advertisement -spot_img