Tesla Boosts Spending Plan to $25 Billion in AI, Robotics Push
Tesla just dropped earnings and there are really two stories here. First, the quarter itself. Tesla beat expectations again and the company says demand is starting to come back.They pointed to stronger interest in Asia and South America and a rebound in North America and Europe. And that's notable because recent sales data has been pretty weak. But the bigger story, spending.Tesla says it now expects to spend more than $25 billion in 2026. As soon as that 2026 capex guidance hit, the stock in after hours fe ...