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Tesla's Bold Bet on AI and Robots Sends Shares Down

April 26, 2026

Tesla just announced plans to spend over $25 billion this year—more than three times what it spent in 2025 and higher than its previous estimate of $20 billion. The market didn’t like the news. Shares dropped over 3% after the announcement, even though Tesla posted a strong $1. 44 billion profit in

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