Tesla has reduced its spending after the quarterly results, which is the worst since 2021

This year, Tesla has reduced its forecast for capital expenditure and warned that changes in commercial policies could negatively affect the schedule of some of its projects without mentioning it. The company indicated in a regulatory announcement on Wednesday that total spending in 2024 is likely to exceed $ 10 billion, compared to previous estimates that investors said three months ago that spending this year will be $ 11 billion, and at the same level during the next two years. According to estimates, this amendment reflects a more cautious position of the “Tesla” versus the total economic environment, at a time when the global trading tension led by US President Donald Trump is escalating. The company’s spending in the first quarter of the year was only $ 1.49 billion, which is the lowest quarterly level since the first quarter of 2021. Tesla also changed its expectations of vehicle sales, excluding the growth of this year. Customs duties threaten Tesla’s investments, Fibahaf Taniga, the financial manager of the company, said during the profit call Tuesday night that customs duties will have a direct impact on capitalist expenses, given the company’s need to expand production equipment from outside the United States or to create new manufacturing lines within the country. In the same context, CEO Elon Musk interrupted Taniga, indicating that “the import of equipment from China has become very expensive at the moment.” Musk is one of the most prominent figures close to Trump, and he has made it clear that the decisions of the imposition of customs duties “are fully within the president’s specialty,” I see that the reduction of the fees is generally a good step to improve wealth “before I decide:” I will continue to call them. “