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Tesla’s Cash Crunch and AI Push | US News
Tesla’s Q2 cash flow turns negative for the first time in two years, sinking $1.1 billion as the company pours cash into AI, battery scaling, and robotaxi tech — but vehicle deliveries soared past 480K, beating expectations and clearing excess inventory. Revenue hit $28.24B, upbeat, though adjusted EPS missed forecasts amid rising auto competition. Investors are watching Elon Musk’s self-driving and robotics ambitions for real-world traction, while energy storage gains momentum. Robotaxi expansion continues in Texas and Florida, with a major regulatory vote looming in Europe that could unlock…
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