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Tesla (TSLA) Boosts Capital Spending on AI and Robotics, Model S/X Production Winds Down

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The Story

News Summary

  • Tesla plans over $20 billion capital spending by 2026, shifting focus from some car models to AI, robotics, and energy, notably converting Fremont to produce humanoid robots, boosting margins despite delivery drops.
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TSLA price history

365.44 -12.53% over the displayed period

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