Tesla just increased its capex to $25B. Here’s where the money is going.
TechCrunch·2h ago·Neutral
What Happened
Tesla announced a $25 billion capital expenditure budget for 2026, triple its previous annual spending. CEO Elon Musk revealed the increase during first-quarter earnings, citing investments in AI infrastructure, data centers, and manufacturing expansion. The figure surpasses the January estimate of $20 billion, signaling deeper-than-expected commitments to artificial intelligence and robotics initiatives.
Key Entities
TeslaElon MuskCapital expenditureAI infrastructureRobotics