Tesla heads toward its first cash burn in two years as AI spending hits $25 billion
Source: TechStartups.com · 2026-07-21
Tesla is on track to report its first quarterly cash burn in more than two years, a sign of how much CEO Elon Musk is betting on artificial intelligence, robotaxis, and humanoid robots to drive the company's next chapter. Wall Street expects Tesla's second-quarter results on Wednesday to show that spending on AI infrastructure and
Tesla is on track to report its first quarterly cash burn in more than two years, a sign of how much CEO Elon Musk is betting on artificial intelligence, robotaxis, and humanoid robots to drive the company’s next chapter. Wall Street expects Tesla’s ... [4635 chars]