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Stock Market Today, April 23: Tesla Falls After Lifting 2026 Capex Guidance for AI and Robotics [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
stock declined as investors reacted to Q1 2026 earnings, higher long-term capex plans for AI and robotics, and mixed analyst commentary, while watching execution on robotaxi and autonomy timelines. Trading volume reached 93.1 million shares, about 47% above its three-month average of 63.5 million shares. Tesla IPO'd in 2010 and has grown 23,397% since going public. How the markets moved today The S&P 500 (SNPINDEX:^GSPC) slipped 0.42% to 7,108, while the Nasdaq Composite (NASDAQINDEX:^IXIC) fell 0.89% to 24,439. Within automobile manufacturing, industry peers Ford Motor Company closed at $12.48 (-1.19%) and General Motors finished at $78.52 (-0.61%) as investors weighed EV demand and new model competition. What this means for investors Tesla reported earnings yesterday afternoon that snuck past analysts' expectations. Despite this -- and Tesla's sales growing 16% -- the stock dipped today as the market fretted over the company's plans to spend $25 billion this year on capex. W
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