Tesla’s Lowered Capex Plan Fuels Doubt on AI, Robotics Goals

Tesla Inc. pulled back its spending plans after investment last quarter trailed expectations, with capital expenditures to be around $20 billion this year. The company had been consistently short of the pace needed to hit its spending goal, particularly after a $4.73 billion outlay in the third quarter, with analysts having expected $7.95 billion on average. Bloomberg's David Welch joins to discuss. -------- Like this video? Subscribe to Bloomberg Tech on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of "Bloomberg Tech" with Ed Ludlow here: ht