On October 23, Tesla's FORM10-Q file submitted to the Securities and Exchange Commission (SEC) showed that for the nine months ended September 30, 2023, the company's capital expenditure was $6.59 billion, an increase of $1.29 billion compared to the same period last year. Tesla stated that it currently expects capital expenditures to exceed $9 billion in 2023, with capital expenditures in the following two fiscal years ranging from $7 billion to $9 billion.