Tesla Plans $20 Billion Capital Spending Spree in Push Beyond Human-Driven Cars
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7 Articles
Tesla plans to more than double capital spending to a record high of more than $20 billion this year - but little of it will go to its traditional business of selling electric vehicles to human drivers.
Tesla plans $20 billion spending spree to build Musk’s AI future
Tesla Inc. plans $20 billion of spending this year to streamline its electric-vehicle lineup and shift resources toward robotics and AI, part of a sweeping set of changes pushing the company further from its roots as an automobile manufacturer.
Tesla CapEx to More Than Double to $20B+ in 2026 Amid First Revenue Drop Since IPO
Tesla said it will more than double capital expenditures to over $20 billion this year to fund six new factories, AI infrastructure, and robotics production as the company pivots away from its EV business. The planned spending represents a 135% increase from the $8.5 billion invested in 2025 and marks the largest annual capital outlay in the company’s history. Tesla‘s capex had grown steadily from $1.3 billion in 2019 to $11.3 billion in 2024 be…
Tesla Bets $2bn on xAI as Robotaxi Focus Drives $20bn Spending Surge - Tech
Tesla has committed $2 billion to xAI, the artificial intelligence company owned by its chief executive Elon Musk, as it recasts itself as an autonomy and robotics business while doubling down on spending for its next phase of growth. The investment, announced alongside Tesla’s latest results, comes with assurances that production plans for the long-promised Cybercab robotaxi remain on course. After years of missed timelines, Tesla is asking th…
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