Tesla plans $20 billion capital spending spree in push beyond human-driven cars
TeslaTesla(US:TSLA) Reuters·2026-01-29 02:57

Core Viewpoint - Tesla plans to significantly increase its capital spending to over $20 billion this year, focusing less on traditional electric vehicle sales to human drivers [1] Group 1: Capital Spending - Tesla's capital spending is set to more than double compared to previous years, reaching a record high of over $20 billion [1] Group 2: Business Focus - A minimal portion of the increased capital expenditure will be allocated to the traditional business of selling electric vehicles to human drivers [1]

Tesla plans $20 billion capital spending spree in push beyond human-driven cars - Reportify