Tesla Hikes Spending to $25 Billion for AI, Robotics Overhaul

Tesla has boosted its capital spending plan to roughly $25 billion this year to accelerate AI and robotics initiatives, as CEO Elon Musk pushes to redefine the company beyond electric vehicles. Bloomberg reports confirm additional billions in expenditures, signaling higher near-term capex and R&D that may pressure margins and cash flow. Dual updates today highlight investor repricing of TSLA shares amid the short-term risks versus long-term growth from tech scaling and new revenue streams.