The Traderszone Network

Published in TZ Latest News 3 March, 2017 by The TZ Newswire Staff

Ahead of Model 3 Production, Tesla Inc.’s Spending Is About to Soar

Even though 2016 was a big year of growth for Tesla (NASDAQ: TSLA), as revenue and vehicle deliveries soared, the electric-car maker’s capital expenditures during the year declined impressively compared with 2015. But Tesla investors shouldn’t get comfortable with this lower level of spending: Management expects capital expenditures to jump during the first half of 2017.

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