Where Will Tesla Be in 1 Year?

Where will  (NASDAQ: TSLA) be a year from now? That's a $20 billion question, as management expects to spend more than that on capital investment in 2026 in its attempt to position the company for long-term growth. That figure also signals a fundamental shift in how investors should think about the stock. 

To put the capital spending into context, here's a look at Tesla's capital expenditures over the past decade. The ramp up to $20 billion marks a massive shift in spending and will result in significant cash burn, as Tesla's operating cash generation is highly unlikely to cover its capital spending in 2026.

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Source Fool.com