Why Tesla’s AI Spending Boost Raised Alarms for Investors

Tesla recently raised its capital spending plans. Here's why that might be a problem for the company. Investors seem to either love the idea that companies are maxing out their spending on AI or hate it because they feel like companies are getting ahead of themselves.Tesla raised its capital spending plans this year to $25 billion from a previous projection of $20 billion in its latest earnings report. It's the latest example of what some analysts are calling CapEx maxing. The idea that if you don't spend a ...