29-January-2026
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Tesla Plans $20 Billion Capital Spending Spree in Push Beyond Human-Driven Cars
29-Jan-2026

Tesla plans to more than double capital spending to a record high of more than $20 billion this year - but little of it will go to its traditional business of selling electric vehicles to human drivers. The company, which last year lost its global EV sales crown to China's BYD, is instead shifting investment to yet-unproven business lines such as fully autonomous vehicles and humanoid robots, based on executive comments on Wednesday's earnings call.

News Source:- https://money.usnews.com/investing/news/articles/2026-01-28/tesla-plans-20-billion-capital-spending-spree-in-push-beyond-human-driven-cars