Capital · deployed

~$12.9B/yr capex TTM (up from $8.5B FY2025) — the FSD/robotaxi/Optimus/Energy buildout; this is the line the market is punishing the stock for.

high confidence · as of 2026-07-28 · about Tesla

Sourced figures 1

stockanalysis.com TSLA cash-flow statement capex TTM -$12,923M; FY2025 -$8,527M
2026-06 high

the working

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A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to Tesla.