The company's EVs are profitable and command a formidable market presence with a value "kicker" potentially coming from robotaxis and unsupervised full-self driving; its rivals are not in the same position.

By Chris Kirkham and Akash Sriram LOS ANGELES, Jan 28 (Reuters) - Tesla plans to more than double capital spending to a record high of more than $20 billion this year - but little of it will go to its traditional business of selling electric vehicles to human drivers.

Tesla plans to more than double capital spending to a record high of more than $20-billion this year as it pivots to a new business model.

Tesla’s vehicle production fell 7 per cent year on year in 2025, as Elon Musk signals company will pivot to humanoid robots.

Construction will begin in the first half of 2026 at select Pilot travel centers in California, Georgia, Nevada, New Mexico and Texas

Boston Dynamics' Atlas appears to have an edge over Tesla's Optimus.

Caraoke transforms the cabins of Tesla vehicles into mobile karaoke bars by displaying lyrics on the EV's screen. Tesla's Dog Mode keeps cabin temperatures safe for pets using climate control settings. Tesla's quirky modes and capabilities have become part of the brand's identity.

From January through December, Tesla’s European registrations dropped around 27% to 238,656 units. ・In the European Union (EU) alone, Tesla’s new registrations declined nearly 32% in December. ・BYD reported 27,