Tesla spending skyrockets as Cybercab, Semi, Megapack production timeline slips
Tesla's revenue increased 26%, but rising expenses and capital expenditures offset gains. This is a concern for investors as production timelines for new products slip. The company is investing heavily in new products, including Cybercab, Semi, and Megapack. Engineers and investors should be aware of these developments. Production timelines are slipping, which may impact delivery schedules.