Tesla Raises Capital Spending Outlook to $20 Billion
Finance Chief Vaibhav Taneja said on a call with analysts that Tesla raised its capital expenditure outlook for the current year to $20 billion to support scaling robotaxis and Optimus robots.
Tesla is increasing spending to support the scale-up of newer products, including robotaxis and Optimus robots. Finance Chief Vaibhav Taneja told analysts on a call that the company raised its capital expenditure outlook for the current year to $20 billion. Tesla also secured financing capacity to…