Tesla's capital expenditure more than doubled in the third quarter, but the amount was still far below analysts' expectations. Capital expenditure for the third quarter was $4.73 billion, lower than second-quarter expenditure, and lower than analysts' expectations of nearly $8 billion. Tesla is increasing investment in the manufacture of its Optimus robot, which will begin production in the third quarter. As competition from competitors such as Amazon and Waymo heats up, Tesla is also trying to rapidly expand the scale of its driverless taxi business.

Tesla's capital expenditure more than doubled in the third quarter, but the amount was still far below analysts' expectations. Capital expenditure for the third quarter was $4.73 billion, lower than second-quarter expenditure, and lower than analysts' expectations of nearly $8 billion. Tesla is increasing investment in the manufacture of its Optimus robot, which will begin production in the third quarter. As competition from competitors such as Amazon and Waymo heats up, Tesla is also trying to rapidly expand the scale of its driverless taxi business.