Tesla Plans Additional $25 Billion in Spending | Bloomberg Tech 4/23/2026

Bloomberg — Apr 23, 20:00 PM

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Tesla’s plans to spend an additional $25 billion this year to support Elon Musk's AI ambitions.

Plus, Intel shares jump after the company pledges to support Musk's advanced chip manufacturing project, Terafab.

And, Lyft CEO David Risher discusses the company’s international growth plans as the ride-hailing firm buys the London black cab app Gett. (Source: Bloomberg)

Read full article at Bloomberg →

Tesla's $25 Billion AI Spending Plan

Tesla stock dives on news that it earned next to nothing on cars in Q1, and plans to spend $25 billion in CapEx anyway Fortune — Apr 23, 21:06 PM
Tesla's robotaxi timeline just got a little fuzzier Business Insider — Apr 23, 20:46 PM
Tesla’s stock drops on Elon Musk’s $25B AI bet: Here’s why investors are worried NY Post — Apr 23, 15:54 PM
Tesla’s new $25-billion spending plan demands ‘leap of faith’ from investors The Globe and Mail — Apr 23, 12:28 PM
Tesla's $25 billion spending plan tests investor faith in unproven AI bets - Reuters Reuters — Apr 23, 12:07 PM