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Tesla drops as spending pullback clouds AI, robotics ambitions

Source: The Globe and Mail

Corporate Guidance & OutlookAutomotive & EVArtificial IntelligenceTechnology & Innovation

Tesla shares fell 5% in premarket trading Thursday after the EV maker lowered its capital spending forecast. The reduction raised questions about the pace of investment supporting Elon Musk’s AI, robotics and autonomous-driving ambitions.

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