Tesla shares slip after capex cut raises doubts over Musk's AI and robotics push
Mint
Tesla's shares dipped by 2% after it reduced its capital spending forecast for 2026, now predicting $20 billion instead of the previous $25 billion. This move has raised eyebrows among investors, especially with Tesla's stock already down 14% this year.…
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Economic TimesTesla shares slip after capex cut raises doubts over Musk's AI and robotics push
Tesla's shares dipped by 2% after it reduced its capital spending forecast for 2026, now predicting $20 billion instead of the previous $25 billion. This move has raised eyebrows among investors,…
Read on Economic Times -
MintTesla shares fall 4% in pre-market after capex forecast cut: Is Elon Musk’s AI and robotics ambition facing a setback?
Tesla shares fell 4% in pre-market trading after the company cut its annual capex forecast to about $20 billion from more than $25 billion.
Read on Mint
