Tesla Shares Drop 5% After Company Lowers 2026 Capital Spending Forecast
Tesla shares fell 5% in premarket trading after the company lowered its 2026 capital spending forecast, raising questions about investment in AI, robotics and autonomous driving.
Tesla (NASDAQ:TSLA) shares fell 5% in premarket trading on Thursday after the electric-vehicle maker cut its capital spending forecast, prompting questions about the pace of investment supporting Elon Musk's AI, robotics and autonomous-driving ambitions. On Wednesday, the company reduced its 2026 capital spending forecast…