# Tesla lowers spending target as investment falls short of expectations

- Source: 36Kr Embodied Intelligence
- Published: 2026-10-21T23:23:55.000Z
- RoboHot: https://robohot.news/en/items/ikpgw872ta6s94rjdbqjf39va
- Original: https://36kr.com/newsflashes/4036236340057223?f=rss

## Summary

Tesla lowered its capital expenditure target for this year from more than $25 billion to around $20 billion after last quarter's investment progress fell short of expectations, casting a shadow over Elon Musk's effort to transform the company into an AI and robotics firm. Tesla spent only $4.73 billion in the third quarter, while analysts had expected $7.95 billion on average.