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Tesla pledges $20 billion to transform from electric vehicle maker to AI company [Los Angeles Times (CA)]

Tesla, Inc. (TSLA)  More Company Research Source: Los Angeles Times
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
The capital expenditures planned for 2026 — more than double last year's outlay and almost twice as much as Wall Street was expecting — will go to ramping up production of cars, batteries and robots across half a dozen plants. To make room for new Optimus humanoids, Tesla will discontinue its two oldest vehicles, the Model S sedan and Model X SUV. “We're making very, very big investments,” Musk said on a call after Tesla released better-than-expected quarterly results. Tesla shares fell less than 1% as the markets opened Thursday in New York, erasing a premarket gain. Tesla also announced a surprise agreement to invest about $2 billion into Musk's money-losing artificial intelligence startup, xAI, and signaled it's likely to build a semiconductor manufacturing facility. The moves underscore Tesla's ambitions to reorient around AI, driverless technology and robots at the expense of its car business, which faces more challenges in 2026 after consecutive annual sales declines. Inv [Read more]
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Tesla pledges $20 billion to transform from electric vehicle maker to AI company [Los Angeles Times (CA)]

Tesla, Inc.  (TSLA) 
More Company Research Source: Los Angeles Times
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
The capital expenditures planned for 2026 — more than double last year's outlay and almost twice as much as Wall Street was expecting — will go to ramping up production of cars, batteries and robots across half a dozen plants. To make room for new Optimus humanoids, Tesla will discontinue its two oldest vehicles, the Model S sedan and Model X SUV. “We're making very, very big investments,” Musk said on a call after Tesla released better-than-expected quarterly results. Tesla shares fell less than 1% as the markets opened Thursday in New York, erasing a premarket gain. Tesla also announced a surprise agreement to invest about $2 billion into Musk's money-losing artificial intelligence startup, xAI, and signaled it's likely to build a semiconductor manufacturing facility. The moves underscore Tesla's ambitions to reorient around AI, driverless technology and robots at the expense of its car business, which faces more challenges in 2026 after consecutive annual sales declines. Inv [Read more]
IMPACT SNAPSHOT
EVENT TIME:
TSLA
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Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
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%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS