
Tesla Raises 2026 Capex to $25 Billion for AI Shift
Tesla announced plans to spend $25 billion on capital expenditures in 2026, a sharp rise from prior years, to fund its move into AI and robotics. The company detailed investments in compute infrastructure, manufacturing expansion, Optimus robots, and robotaxi operations during its first-quarter earnings call. CEO Elon Musk called the increase justified for future revenue growth, while CFO Vaibhav Taneja noted upcoming negative free cash flow despite strong cash reserves.
