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Tesla Significantly Increases 2026 Spending Plan, Boosts Investment in AI, Robotics, and Chips
According to monitoring by Dongcha Beating, Reuters reports that Tesla has significantly raised its annual spending plan to over $25 billion. CEO Elon Musk stated that the company is increasing its investments in artificial intelligence, robotics, and chips, describing these initiatives as ‘completely reasonable’ and aimed at creating large-scale revenue sources for the future. However, investors are taking a more cautious stance. Following remarks made after the earnings call on Wednesday, Tesla’s stock price fell by 2.4%. Previously, the company reported positive free cash flow for the first quarter, leading to a nearly 4% increase in after-hours trading. The company had predicted in January that capital expenditures for 2026 would exceed $20 billion, compared to $9 billion spent last year.