Tag: capex cut
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Tesla shares slip after capex cut raises doubts over Musk’s AI and robotics push
Oct 22 : Tesla’s shares fell 2 per cent on Thursday after the EV maker cut its capital spending forecast, raising concerns among investors counting on heavy investment for Elon Musk’s AI and robotics vision.The company on Wednesday lowered its 2026 capital spending forecast to about $20 billion from more than
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