TSLA · 10-Q · 2026Q2 · Full report

Operating and Investing Cash Flow Trends

Tesla, Inc. · 2026-07-23 · Importance 81 · Surprise 64 · Matches filing data

Net cash provided by operating activities increased $3.94 billion to $8.63 billion for the six months ended June 30, 2026 versus $4.70 billion in the prior year, driven primarily by favorable changes in net operating assets and liabilities ($3.01 billion) and higher net income excluding non‑cash items ($933 million). Net cash used in investing activities was $(10.95) billion for the six months, primarily reflecting $8.28 billion of capital expenditures and a $2.00 billion equity investment in SpaceX. Net cash from financing activities was a $1.21 billion inflow (versus $(0.55) billion outflow prior year), primarily due to increased debt issuance proceeds and lower repayments. The combined cash flow profile shows strong operating cash generation but heavy investing outflows tied to factory, AI and infrastructure expansion.

Key facts

• Net cash provided by operating activities was $8,634 million for the six months ended June 30, 2026, up from $4,696 million for the six months ended June 30, 2025. source

Impact estimates