Tesla CEO Elon Musk is increasing the company's 2026 capital expenditure plan to over $25 billion, nearly tripling last year's $8.53 billion, to fund ambitious projects in self-driving technology and humanoid robots. These ventures have yet to generate meaningful revenue, raising concerns about the justification of such heavy spending without established high-margin cash flows like those of other tech giants. Tesla expects negative free cash flow for the rest of the year despite a strong first quarter, as it pushes forward with AI, robotaxis, and robotics development. Investors face a choice between skepticism about these early-stage bets or faith in Musk's track record of turning bold ideas into reality.
Traders on Polymarket have sharply reduced the likelihood of a Tesla-SpaceX merger announcement in 2026, with odds dropping to 11% for a deal by September and 24% by December. This decline contrasts with bullish analyst views, such as Wedbush's Dan I...
The National Transportation Safety Board (NTSB) reported that a Tesla driver pressed the accelerator pedal to 100%, overriding the Full Self-Driving (FSD) software, before crashing into a house in Katy, Texas, killing a resident. The Tesla was travel...
Google has announced its biggest solar power and battery storage purchase, investing in a project in Arkansas that will generate enough electricity to meet about 6% of the state's peak demand. The project, developed with Cypress Creek Energy, will ad...
Deutsche Bank reaffirmed its Buy rating on Tesla stock, setting a 12-month price target of $465, implying a 17% upside. The bank highlighted Tesla's long-term growth potential driven by autonomy, robotics, and AI, despite expecting Q2 earnings per sh...
The global hybrid robots market is projected to grow from $5.68 billion in 2026 to $10.03 billion by 2030, with a CAGR of 15.3%. Growth is fueled by advances in AI, autonomous operations, and smart manufacturing, alongside rising demand for robots in...
