Elon Musk is steering Tesla towards a new phase, focusing on AI, robotics, and autonomy. Tesla plans to spend over $20 billion in 2026 to develop these technologies, including building new facilities and expanding existing ones. With nearly $44 billion in cash, Tesla is poised to transform into a tech-driven company.

Meta Platforms is ramping up capital spending to $115-$135 billion in 2026, targeting AI infrastructure expansion. Nebius plans a $5 billion CapEx for 2025 to build data centers and deploy GPUs. Tesla’s stock has gained 12% in the past year but carries a Zacks Rank #4 (Sell).

A semiconductor company is set to capitalize on the growing demand for data centers, positioning itself as a key player in the market. This under-the-radar chipmaker specializes in products different from NVIDIA, offering unique growth potential. Investors can access more insights and recommendations from Zacks Investment Research.

Read more at Nasdaq: Inside Tesla’s $20B Capex Plan: How TSLA Is Shaping Its Future