# Tesla Inc. anticipates billions of dollars in additional spending this year to support Elon Musk’s ambitions.

*robotics · news · 2026-04-23 · Business Standard*

## Key points

- Tesla raised its 2026 capital expenditure forecast to over $25 billion, up from $20 billion.
- Significant investments target Optimus humanoid robot, Cybercab autonomous car, and AI initiatives.
- Tesla's Robotaxi service will expand to five more US cities in the first half of 2026.
- Despite a stable auto business, Tesla's energy storage revenue dropped 12% year-over-year this quarter.
- Robotaxi likely will not deliver material revenue for Tesla until at least 2027.

**Companies:** Tesla Inc.
**Countries:** United States, Brazil, China, Mexico

[Read the full story on Business Standard](https://www.business-standard.com/technology/tech-news/tesla-boosts-spending-plan-to-25-billion-amid-musk-s-ai-robotics-push-126042300129_1.html)

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