Investing

CapEx

Tesla, Inc. CapEx increased by 4.2% to $2.49B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 67.1%, from $1.49B to $2.49B. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 7.1% CAGR.

Analysis

StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.

Detailed definition

Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...

Peer comparison

Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.

Metric ID: capital_expenditures

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.51B$1.82B$1.81B$1.77B$1.73B$1.80B$1.86B$2.07B$2.06B$2.46B$2.31B$2.77B$2.27B$3.51B$2.78B$1.49B$2.39B$2.25B$2.39B$2.49B
QoQ Change+20.9%-0.5%-2.4%-2.1%+4.2%+3.1%+11.5%-0.6%+19.4%-6.3%+20.3%-18.1%+54.8%-20.8%-46.4%+60.5%-6.1%+6.5%+4.2%
YoY Change+15.0%-0.9%+2.7%+17.3%+19.1%+36.4%+24.1%+33.8%+10.2%+42.8%+20.7%-46.2%+5.5%-36.0%-14.0%+67.1%
Range$1.49B$3.51B
CAGR+11.2%
Avg YoY Growth+12.3%
Median YoY Growth+16.1%
Current Streak2 quarters growth

Frequently Asked Questions

What is Tesla, Inc.'s capex?
Tesla, Inc. (TSLA) reported capex of $2.49B in Q1 2026.
How has Tesla, Inc.'s capex changed year-over-year?
Tesla, Inc.'s capex increased by 67.1% year-over-year, from $1.49B to $2.49B.
What is the long-term trend for Tesla, Inc.'s capex?
Over 4 years (2021 to 2025), Tesla, Inc.'s capex has grown at a 7.1% compound annual growth rate (CAGR), from $6.48B to $8.53B.
What does capex mean?
The money spent on long-term physical assets like machinery, data centers, and office buildings.