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Tesla significantly increases 2026 expenditure plan, boosting investment in AI, robotics, and chips
According to @E0@ Beating Monitoring, Reuters reported that Tesla significantly increased its annual spending plan to more than 25 billion USD. CEO Musk said the company is stepping up its investments in artificial intelligence, robotics, and the chips sector, and said these measures are “entirely reasonable,” aiming to build major future revenue sources.
However, investors are more cautious. After statements made following the earnings call on Wednesday, Tesla’s stock price fell by 2.4%. Previously, after the company reported positive free cash flow in the first quarter, the stock price rose by about 4% in after-hours trading.
The company forecast in January that its 2026 capital expenditures would exceed 20 billion USD. Last year, it spent 9 billion USD.