Tesla Stock Falls As The Market Mulls Tesla's Shift To 'Transportation-As-A-Service,' Massive Capital Spending

Tesla Stock: Market Mulls 'Transportation-As-A-Service' Shift, Massive Capital Spending | Investor's Business DailyBREAKING: [Futures Rise Amid Huge Earnings]---Tesla (TSLA) CEO Elon Musk announced late Wednesday the Model S and Model X trims will be phased out in favor of Optimus robot production, as Tesla gears up for $20 billion in capital expenditures in 2026. Executives also said Wednesday that when it comes to making new vehicle models, people should think of Tesla as a "transportation-as-a-service co ...