Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Musk's Tesla reports cash burn for first time in more than 2 years
short by Pravel Jain / on Thursday, 23 July, 2026
Elon Musk-led Tesla posted its first cash burn in over two years, reporting negative free cash flow of $1.1 billion in the second quarter. This comes after the EV maker ramped up spending on AI infrastructure, battery capacity and robotaxis. Tesla delivered 4,80,126 vehicles in the second quarter, above Wall Street expectations and up from 3,84,122 vehicles a year earlier.
read more at Reuters