Tesla Boosts Spending Plan in AI, Robotics Push
Tesla anticipates billions of dollars in additional spending this year to support Elon Musk’s ambitions to transform the electric-vehicle pioneer into an AI and robotics company.
Bloomberg's Dana Hull reports on how investors are reacting. (Source: Bloomberg)
Tesla pivots to AI and robotics
- Tesla profit jumps 17% in Q1 as car sales surge Associated Press —
- Tesla says EV demand rebounding as profit beats forecasts The Straits Times —
- Tesla Revenue Grew 16% in First Quarter The Information —
- Tesla just increased its capex to $25B. Here’s where the money is going. Techcrunch —
- Tesla earnings rise, but AI expenses add up for Elon Musk Axios —