Tesla Boosts 2026 Capex To +$25 Billion, Is Musk All-In On AI/Robots?
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Ngl, I just learned what a capex is…
Tesla’s stock just fell a massive 2.4% as Elon Musk pours more money into spending on AI, robots and chips to snack on when he gets peckish, although shares were back up 4% after the bell so what we even talking about here?
As Elon explained, “We are going to be substantially increasing our investment in the future. You should expect to see very significant increase in capital expenditures that are I think well justified for a substantially increased future revenue stream. Tesla is not alone in this.”
Because that’s the thing, every tech company is building out there data centers right now and the Tesla investors (tesltors if you will) banked on Musk. They voted for him to take the company in the direction of more AI and more robotics. What did they think that wouldn’t cost a bit of money?
And when I say a bit more I do mean more than double but shush shhhh.
So yeah, Elon is all in AI and robots if that wasn’t perfectly clear now.
Where does that leave the EV manufacturing portion of the company? Well, who knows and honestly who cares.
Maybe they’ll combine products and Elon can finally achieve the dream of creating a Cybertruck that’s also actually a Transformer.
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