Tesla updates 2026 capital spending outlook and second-quarter items
Tesla Inc. currently expects capital expenditures to be in excess of $25 billion in 2026.
On June 4, a proposed class action was filed in U.S. District Court for the Northern District of California against Tesla and related entities, according to the filing.
For the 3 months ended June 30, Tesla recorded a $1.00 billion net gain on its SpaceX equity investment, according to an SEC filing.
In Q2, Tesla acquired an AI hardware company in an asset acquisition for $1.95 billion in Tesla common stock and equity awards.