One of the key questions for Tesla investors and customers...  1553032464632image.gif

Tesla Inc. Reporting: Capital Expenditures (Quarterly in US$ millions)
2017 Q1 US$ 553 million
2017 Q2 US$ 959 million
2017 Q3 US$ 1,116 million
2017 Q4 US$ 787 million
2018 Q1 US$ 656 million
2018 Q2 US$ 610 million
2018 Q3 US$ 510 million
2018 Q4 US$ 325 million
2019 Q1 US$ 280 million

 

"Our 2019 capex, the vast majority of which will be to grow our capacity and develop new vehicles, is expected to be about $2.0 to $2.5 billion. We believe this amount should be sufficient to continue to develop our main projects, such as Gigafactory Shanghai, Model Y and Tesla Semi, as well as for the further expansion of our Supercharger and service networks."

...is why a growth company in a capital-intensive industry is significantly reducing capital expenditures? Smiley