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.
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
capital_expenditures| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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% |