News by Levels · Level 1 · Student worksheet

Tesla Plans to Spend Less

Name: __________________________ Date: __________________

Read the story

Tesla has lowered its plan for major spending in 2026. It now expects to spend about $20 billion, Reuters reported on October 21. Its earlier plan was for more than $25 billion.

The company also reported $1.53 billion in free cash flow for the third quarter.

Source: Reuters; Tesla Investor Relations, 2026-10-21. https://www.marketscreener.com/news/tesla-revenue-beats-estimates-as-deliveries-rebound-and-energy-storage-grows-ce785cd9dd8cf327

Read and practise

1. What changed in Tesla’s spending plan?

   1. It rose from $20 billion to more than $25 billion
   2. It fell from more than $25 billion to about $20 billion
   3. It stayed fixed at $25 billion

2. Has all of the planned $20 billion already been spent?

   1. A confirmed amount already spent in the third quarter
   2. The company’s third-quarter free cash flow
   3. An estimate of investment, not proof that all of it is already spent

Your turn

Explain the difference between a spending forecast and a reported cash-flow result.

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Read online: https://newsbylevels.com/news/tesla-capital-spending-forecast-cut-october-2026/level-1/