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Tesla lowers 2026 capital expenditure guidance from $25 billion to $20 billion

MarketWatch +1 ·

TSLA Tesla Inc
$386.47 +3.41%
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  1. 1Tesla lowered its previous 2026 capital expenditure guidance of $25 billion to $20 billion.
  2. 2Tesla's quarterly expenditure of $4.73 billion was less than the $3.2 billion analyst estimate.
  3. 3Elon Musk said Terafab, a chip factory being built with SpaceX, will require tens of billions of dollars in equipment by early 2028 and more than $100 billion in the long term.

So what's the key point?

Tesla reduced its planned spending for 2026 from $25 billion to $20 billion. This follows a quarter where the company spent $4.73 billion, which was less than expected.

Source MarketWatch +1 · View original ↗

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