Tesla Boosts Capex to $25 Billion for 2026

Tesla is significantly increasing its capital expenditures, planning to spend $25 billion by 2026. This represents a threefold rise compared to historical spending levels. The company's Chief Financial Officer indicated that this substantial investment will likely result in negative free cash flow for the remainder of the current year. The increased spending is expected to fuel Tesla's ambitious growth and development plans across its various operations.