ALBAWABA - Tesla has raised its capital expenditure forecast for 2023 in the wake of the company's plans to hike production. The firm, headed by billionaire Elon Musk, said in a statement that it expects to spend between $7 billion to $9 billion in 2023, which is higher than its previous estimate of $6 billion to $8 billion. Despite the increased forecast, Tesla's stock recorded its lowest closing in three ...