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Tesla pares gain as investors factor in Elon Musk's warning of heavy capex spending [Seeking Alpha]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
During the earnings conference call, CEO Elon Musk said 2026 will be a very exciting year. He said the company's Newsletters for Every Investor Get daily, sector-specific newsletters packed with expert insights, fresh ideas, and new opportunities. Subscribe to Newsletters Sign Up Quick Insights Analysts believe ramping up Semi production could be revolutionary and provide a significant growth catalyst for Tesla, comparable to the impact of the rail industry, due to potential creation of autonomous semi-truck convoys. Tesla's expansion of robotaxi services and advancements in full self-driving capabilities are seen as major catalysts that may drive renewed forward momentum, as evidenced by the near doubling of paid robotaxi miles. Heavy capital expenditures are aimed at scaling up ventures such as robotaxis, Semi trucks, and Optimus robots, with management expecting these investments to generate future returns and excite investors in the coming years. Recommended For
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- Is This Overlooked EV Maker the Next High-Flying Tesla? Hint: There's Definite Upside. [Globe and Mail, The (Toronto, Canada)][Globe and Mail, The]
- Tesla just increased its capex to $25B. Here's where the money is going. [Yahoo! Finance][Yahoo! Finance]
- Elon Musk says Tesla's Optimus robot could be its 'biggest product ever' [USA TODAY][USA TODAY]
- US stocks are moving higher ahead of Tesla's Q1 earnings [Yahoo! Finance][Yahoo! Finance]
- Stock market today: Dow, S&P 500 and Nasdaq futures slide as US-Iran uncertainty persists, Tesla slips after-hours [Yahoo! Finance Canada][Yahoo! Finance Canada]
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