Barclays Maintains Equal Weight Rating on Tesla Amid Increased Capital Spending and Uncertainty Over Robotaxi Scaling
Barclays has maintained its Equal Weight rating on Tesla (TSLA) following the company's Q1 report, which included a raised capital spending guidance to $25 billion and strong earnings. However, concerns remain about the scalability of Tesla's Robotaxi and the monetization of its autonomy features. The market reaction has been mixed, with Tesla's stock down 2-3% despite beating earnings expectations.
Topics: Barclays Capital Expenditure FSD Subscriptions Robotaxi Stock Rating Tesla