Tesla just increased its capex to $25B. Here’s where the money is going.
Tesla's planned capex for 2026 is three times higher than what the company has historically spent.
Its CFO said, as a result, Tesla will have a negative free cash flow the rest of the year.
- Tesla says EV demand rebounding as profit beats forecasts The Straits Times —
- Tesla profit jumps 17% in Q1 as car sales surge Associated Press —
- Tesla Boosts Spending Plan to $25 Billion in AI, Robotics Push Bloomberg —
- Elon Musk admits that millions of Tesla vehicles won’t get unsupervised FSD The Verge —
- Tesla profits rose in the first quarter after a tough year for its car business The Independent —