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Tesla's Free Cash Flow Just Turned Positive. Here's Why That's Only Half the Story.

Source: fool.com

Corporate EarningsCompany FundamentalsAnalyst Estimates
Tesla's Free Cash Flow Just Turned Positive. Here's Why That's Only Half the Story.

Tesla’s free cash flow improved as capital expenditures fell to $4.73 billion, below analysts’ roughly $7.77 billion expectation. However, operating income declined 56% to $718 million, indicating the higher cash flow did not reflect improved profitability.

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