Tesla detailed its capital expenditure plans for 2024 and beyond in a 10-K it released this morning.
Tesla has routinely revealed an increase in planned capital expenditures over the past few years, and 2024 seems to be no different. In a 10-K, which was released by Tesla this morning, it expects to spend at least $10 billion this year and between $8 billion and $10 billion in 2025 and 2026.
Tesla said that its near-term capex plans are difficult to predict because “the number and breadth of our core projects at any given time, and may further be impacted by uncertainties in future global market conditions.”
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