Tesla boosts spending plan to $25b 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. Capital expenditures this year will exceed $25 billion, the company revealed Wednesday, roughly three times last year’s outlay. The planned investment is up from a prior forecast of around $20 billion. “You should expect to see a very significant increase in capital expenditure,” Musk said on a conference call after Tes

By The Korea Herald

Tesla signals over $25B 2025-2026 CapEx as it targets Optimus production by late July/August and Robotaxi in a dozen states by year-end