robotics / news / / The Mercury News
Tesla Inc. anticipates billions of dollars in additional spending this year.
Tesla raised its 2026 capital expenditure forecast to over $25 billion, up from $20 billion.
KEY POINTS
- Tesla agreed to acquire an unnamed AI hardware company for up to $2 billion in stock and incentives.
- Robotaxi expansion will reach five new U.S. cities in H1 2026, but revenues likely not material until 2027.
- Tesla’s energy business revenue fell 12% year-over-year, despite expectations for growth.
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