Tesla drops as spending pullback clouds AI, robotics ambitions
Tesla shares took a hit after the company adjusted its capital spending forecast downward for 2026, raising eyebrows about the future of Elon Musk’s AI and robotics projects. Despite this, Tesla showed unexpected positive free cash flow due to lower-than-anticipated expenditures in Q3. Analysts foresee increased spending in upcoming years for major initiatives, yet investors tread carefully, particularly as they watch for developments in Tesla's relationship with SpaceX.
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