How Tesla's Spending Spree Compares With Others -- WSJ

Dow Jones04:15

By Heather Gillers

The $25 billion price tag on Tesla's projected 2026 capital expenditures amounts to around a quarter of this year's expected revenue. That's actually a smaller share than many large tech firms.

So why is the stock down more than 3% as investors process that number? It's not just 2026 that they are worried about.

Tesla executives made clear in Wednesday's earnings call that the spending spree will go on for multiple years. As my colleague Dan Gallagher writes, Tesla has an awful lot of building to do.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

April 23, 2026 16:15 ET (20:15 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment