logo
About Contact

Tesla's Spending Cuts Raise Questions About Musk's AI and Robotics Vision

AI News

Tesla's Spending Cuts Raise Questions About Musk's AI and Robotics Vision

Tesla cuts spending before potential SpaceX deal even as Musk bets future on AI, robots

The Straits Times

Tesla cuts spending before potential SpaceX deal even as Musk bets future on AI, robots

Tesla shares were down 1.8% in after-hours trading.

Tesla cuts spending before potential SpaceX deal even as Musk bets future on AI, robots

The Business Times

Tesla cuts spending before potential SpaceX deal even as Musk bets future on AI, robots

Revenue is flat on the year as net income dives 43%; adjusted earnings top Wall Street expectations Read more at The Business Times.

Tesla shares slip after capex cut raises doubts over Musk's AI and robotics push

Reuters

Tesla shares slip after capex cut raises doubts over Musk's AI and robotics push

Tesla's shares fell 2% on Thursday after the EV maker cut ​its capital spending forecast, raising concerns among investors counting on heavy ‌investment for Elon Musk's AI and robotics vision.

Tesla drops as spending pullback clouds AI, robotics ambitions

Economic Times

Tesla drops as spending pullback clouds AI, robotics ambitions

Tesla shares took a hit after the company adjusted its capital spending forecast downward for 2026, raising eyebrows about the future of Elon Musk’s AI and robotics projects. Despite this, Tesla...

Tesla shares slide after cutting capex target

Capital Brief

Tesla shares slide after cutting capex target

Tesla shares fell almost 4% in pre-market trading after the car maker cut its capital expenditure target by USD5 billion ($7.1 billion).

Coverage dates

First reported:

First saved on ClustZ:

Coverage updated:

We use cookies to improve your experience and analyze site traffic. By clicking "Accept", you agree to our use of cookies. See our Privacy Policy.