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Benzinga
Benzinga
Business
Namrata Sen

Elon Musk Says Tesla's Spending Spree Is the 'Fastest Industrial Scale-Up Since World War II' as 2026 Shapes Up To Be a 'Massive CapEx Year'

Elon Musk MU United States Vaibhav Taneja World War II Nasdaq Tesla Inc. NIO
Sunnyvale,,Ca,,Usa,-,May,3,,2022:,Closeup,Of,A

Tesla Inc. (NASDAQ:TSLA) is increasing its capital and operating expenditure to achieve the most rapid industrial expansion in the U.S. since World War II, as revealed by CEO Elon Musk and CFO Vaibhav Taneja.

Tesla Enters Heavy Investment Cycle

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