Tesla shares fall 2% after 2026 capex forecast cut
Tesla lowered its 2026 capital spending forecast to about $20 billion, and its shares fell 2% on Thursday.
Tesla's NASDAQ:TSLA 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.The company on Wednesday lowered its 2026 capital spending forecast to about $20 billion from mor…