Tesla cuts 2026 capex forecast to $20 billion, shares fall 2%

Tesla lowered its 2026 capital spending outlook to about $20 billion from more than $25 billion after underspending on AI and robotics in the third quarter, sending shares down 2%.

Tesla lowered its 2026 capital spending outlook to about $20 billion from more than $25 billion after underspending on AI and robotics in the third quarter, sending shares down 2%.