Tesla's $25 Billion AI Spending Plan

Elon Musk is betting Tesla's entire future on a massive build-out of AI infrastructure, a move that has divided Wall Street.

The company's latest earnings report revealed a mysterious $2 billion acquisition of an unnamed AI hardware firm, further signaling its commitment to self-developed silicon.

Musk admitted that millions of older Tesla vehicles will require hardware retrofits to achieve full self-driving capabilities, a project that will take years to complete.

While some investors are excited by the potential for new revenue streams, others fear the company is neglecting its core electric vehicle business during a global slowdown.