Tesla Reports Higher Capital Expenditures and Tempered Autonomous Driving Outlook
Tesla (TSLA) reported Q1 2026 earnings and revenue beats, but a 67% year-over-year increase in capital expenditures to $2.493 billion raised concerns among investors. The company's aggressive spending on AI and autonomous driving, combined with a tempered outlook on near-term self-driving capabilities, led to a 4% drop in its stock price.
Topics: Autonomous Driving Capital Expenditures Earnings Free Cash Flow Investor Sentiment