Tesla (TSLA) said Wednesday it currently expects this year's capital expenditures to exceed $10 billion.
"Changes in trade policy may necessitate adjustments to our project timelines, potentially impacting our capital expenditure expectations," the electric vehicle maker said in a regulatory filing.
The company said three months ago it expected over $11 billion in annual capital expenditures for 2025, 2026 and 2027.
Shares were over 7% higher ahead of the opening bell.
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