# Tesla spent only $2.5 billion in the first three months of the year, resulting in a $1.4 billion positive free cash flow.

*business · news · 2026-04-22 · CNBC TV18*

## Key points

- Tesla reported positive $1.4 billion free cash flow, defying analyst projections of a $1.9 billion cash burn.
- Tesla raised 2024 capex guidance to $25 billion, up from its initial $20 billion projection.
- Tesla's core automotive revenue missed expectations due to intensified competition from Xiaomi and BYD.
- Robotaxi expansion is confirmed for Phoenix, Miami, Orlando, Tampa, and Las Vegas in the first half of 2024.
- Tesla remains on track to launch Cybercab, Semi, and Megapack battery updates this year.

**Companies:** Tesla Inc., Xiaomi, BYD
**Countries:** United States, China

[Read the full story on CNBC TV18](https://www.cnbctv18.com/market/tesla-q1-results-revenue-miss-eps-beat-capex-guidance-raised-elon-musk-ev-demand-19891582.htm)

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