---
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id: "a33e63ea04981c5f55e79eb7d1a584de251db86e4f99f47ad4de6e88c53c4069"
canonical_url: "https://aidr.today/a33e63ea?lang=en"
title: "Tesla Cuts Annual Capex to $20B in Reversal and Triggers 1% Nasdaq Drop"
lang: "en"
requested_lang: "en"
available_langs: ["en","vi"]
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published_at: "2026-10-22T02:40:35.000Z"
category: "Industry"
topics: ["funding"]
source_urls: ["https://huggingnews.com/earnings/tesla-cuts-annual-capex-to-20b-in-reversal-and-triggers-1percent-nasdaq-319f5fa5","https://marketbrief.now/earnings/tesla-cuts-annual-capex-to-20b-in-reversal-and-triggers-1percent-nasdaq-319f5fa5"]
summary: "Tesla cut its annual capital expenditure forecast to $20 billion from $25 billion, a 20% reduction, after reporting third-quarter revenue of $28.05 billion and earnings per share of $0.48."
---

# Tesla Cuts Annual Capex to $20B in Reversal and Triggers 1% Nasdaq Drop

> [Open the canonical story](<https://aidr.today/a33e63ea?lang=en>)

**Published:** 2026-10-22T02:40:35.000Z
**Category:** Industry
**Topics:** funding

## Summary

Tesla cut its annual capital expenditure forecast to $20 billion from $25 billion, a 20% reduction, after reporting third\-quarter revenue of $28\.05 billion and earnings per share of $0\.48\.

## Sources

- [Story source](<https://huggingnews.com/earnings/tesla-cuts-annual-capex-to-20b-in-reversal-and-triggers-1percent-nasdaq-319f5fa5>)
- [Story source](<https://marketbrief.now/earnings/tesla-cuts-annual-capex-to-20b-in-reversal-and-triggers-1percent-nasdaq-319f5fa5>)