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TSLAEarnings2026-07-22

The speaker outlined the areas driving capital spending and said capex will keep growing over the next several years.

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Viva Teneza · Tesla · Tesla Q2 2026 Financial Results and Q&A Webcast

We continue to expect that capex for this year will be more than 25 billion. Capex will grow for the next two or three years as we expand our robot taxi fleet, expand our production capacity for Optimus, make investments for semiconductor fab, install solar manufacturing capacity and AI compute infrastructure.

Transcribed from the source video. Automatic captions, corrected for known mis-transcriptions.

Key terms

capex
Capital expenditure: money spent on long-lived assets such as factories, equipment and infrastructure.
semiconductor fab
A fabrication plant where computer chips are manufactured.

Educational summary of a public statement. Not investment advice.