TSLA ▼ -4.8% - Tesla, Inc. $TSLA cut its 2026 capital spending forecast to approximately $20B from over $25B, generating an unexpected $1.53B in Q3 free cash flow as Elon Musk explores a potential merger with SpaceX. * Cash Flow & Spending: Q3 free cash flow reached $1.53B versus an expected $4.92B cash burn. Capital expenditures totaled $4.7B, below the $7.5B forecast, but doubled year over year. * Market Reaction: Shares reversed an initial 2% after-hours gain to trade down 2% as investors weighed weaker profits against unexpectedly positive cash flow. 22-OCT-2026 05:52 AM ET