Tesla Inc. (TSLA) plans to significantly increase its capital expenditures, exceeding $20 billion by 2026, up from approximately $8.5 billion in 2023 and surpassing the previous peak of $11.3 billion in 2024. This investment will support the development of six major facilities focused on AI, robotics, and autonomy, including new factories for various technologies. Tesla, currently holding nearly $44 billion in cash and equivalents, aims to strengthen its position in the AI-driven market against intensifying competition, particularly from Chinese firms.
Meta Platforms Inc. (META) is also ramping up its capital spending, projecting an increase to $115–$135 billion by 2026, a significant rise from $72.2 billion last year. The investment will primarily target AI infrastructure, including data centers and advanced computational resources. Meanwhile, Nebius Group N.V. (NBIS) has announced a capital expenditure plan of $5 billion for 2025, a major expansion from its prior estimate of $2 billion, aimed at accelerating its AI infrastructure growth.
