Morgan Stanley Estimates Tesla's 2026 Capital Expenditure to Exceed $25 Billion
Morgan Stanley reports that Tesla, Inc. (TSLA) plans to invest over $25 billion in capital expenditures by 2026, focusing on autonomy and AI initiatives. The firm maintains an Equal Weight rating on Tesla with a $415 price target, citing limited near-term gains due to slow monetization of projects like robotaxi and Optimus. Tesla is also expanding its German Gigafactory workforce to meet rising demand for the Model Y.
Tickers: $TSLA
Topics: Capital Expenditure Gigafactory Expansion Morgan Stanley Analysis Optimus Robotaxi Tesla