Tesla just increased its spending plan to $25B — here’s where the money is going
Tesla has increased its spending plan to $25 billion in 2026, a significant jump from its previous annual budget, with a focus on investing in AI, robotics, and manufacturing. The increased expenditure is part of CEO Elon Musk's plan to evolve the company beyond electric vehicles and energy storage. The funds will be allocated to various initiatives, including AI training, chip design, and manufacturing production.