robotics / news / / Business Standard
Tesla Inc. anticipates billions of dollars in additional spending this year to support Elon Musk’s ambitions.
Tesla raised its 2026 capital expenditure forecast to over $25 billion, up from $20 billion.
KEY POINTS
- 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
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