Part 7/12:
- R&D: Over $25 billion, fueling innovation in autonomy, AI, and energy products
In recent quarters, Tesla's combined investments—capital expenditures plus R&D—have approached $4 billion. Despite this level of investment, Tesla’s operating cash flow has remained robust, often exceeding capex needs, indicating prudent financial management.
Notably, Tesla’s capital expenditure on AI infrastructure alone now exceeds $6 billion, underscoring its commitment to future technologies. These investments are designed to pay off as Tesla scales its autonomous vehicle and robotics businesses.