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Deep Dive · Earnings

Tesla Cuts 2026 Capex to $20B as SpaceX Spends $19.6B in One Quarter

Tesla cut its 2026 capex forecast to about $20 billion and posted $1.53 billion of free cash flow, a day after Musk said SpaceX merger committees had formed.

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Light blue Volkswagen ID. UNYX 08 electric SUV on a stage lit in bright blue at its launch event
Deep Dive · Volkswagen

VW's Xpeng SUV Sells Just 7% of Its Original Monthly Target

VW's Xpeng-developed ID. UNYX 08 averaged 267 China sales a month from April to August, about 7% of the 3,622 planned, Reuters reports.

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