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Kuxiu’s S3 MagSafe power bank is bigger and better and probably won’t explode

Kuxiu’s S3 MagSafe power bank is bigger and better and probably won’t explode

Kuxiu is back with a new S3 portable battery that addresses most of the issues I had during my review of the S2, aka the “world’s first” semi-solid state power bank. It also introduces a few new ones, while adding useful features like a kickstand and integrated USB-C cable.

As a reminder, these are not true “solid state power banks” despite the marketing hype. The 10,000mAh Kuxiu S3 uses the same solid-liquid mixed electrolyte found in the S2, making it less prone to thermal runaway than the all-liquid Lithium-ion batteries found in most power banks. Kuxiu says its unique semi-solid state chemistry also lasts twice as long, making it good for about 1,000 charging cycles before the battery capacity drops to 80 percent.

The S3 is more expensive to purchase than other 10,000mAh power banks, typically rated for 300-500 cycles. It lists for $149.98 but is frequently discounted, selling for less than $70 at the time of this writing. At that price, it should be cheaper to own over its longer lifetime.

While it’s easy to discount the safety claim — don’t. In September, Anker issued a recall of 481,000 power banks due to the risk of fire and explosion. And just last week, INIU recalled 210,000 power banks sold on Amazon that were implicated in 11 fires causing over $380,000 in property damage. It’s been a busy year for power bank recalls.

Safety aside, Kuxiu has also fitted the S3 with lots of useful upgrades. In addition to twice the battery capacity, you get a folding metal kickstand, digital display, and detachable USB-C cable that tucks into the perimeter when not in use. You also get faster 30W charging input and Qi2 output up to 25W for devices that support the latest wireless charging standard.

It works with MagSafe-compatible charging cases.

The magnets are strong enough to keep this beefy power bank securely connected.

The display shows battery remaining and the charging state.

The integrated, flat USB-C cable can be completely detached if you need to use a longer cable.

On paper, this all sounds great — and it is — but that larger battery is heavy when used as a MagSafe charger, and it’s far less pocketable. At 106.9 x 71 x 22.15mm (4.20 × 2.79 × 0.87 inches) and a weight of 245.3g (8.65oz), the S3 adds considerable bulk and heft to my 187-gram / 6.6-ounce iPhone 15 Pro. Fortunately, the S3’s stronger array of 18 N52 magnets does a good job of holding everything together and properly aligned for charging.

To test the unit’s 10,000mAh (5,000mAh at 7.7V, or 38.5Wh) rated capacity, I plugged the S3’s integrated USB-C cable into a ChargerLAB POWER-Z C240 power meter, which then slotted into the USB-C jack on my iPhone 15 Pro. I was able to charge the iPhone from 0 to 100 percent once, and then again from 0 to 92 percent before the S3 power bank was empty. I measured 31.12Wh of useful output capacity for 80.83 percent efficiency from the DC/DC circuit, which is typical.

The flat, integrated USB-C cable that tucks into the S3’s perimeter is super useful. Power banks are getting all kinds of unnecessary features these days, but the value of having a cable always at the ready should not be underestimated. While the S3 can’t fully charge my MacBook Pro’s larger battery, it can provide a few extra hours of runtime. The maximum charging speed of the S3 is just 35W, however, which is on par with this class of batteries.

1/9

Charge Qi-compatible devices wirelessly at up to 25W.
Photo by Thomas Ricker / The Verge

Kuxiu still sells the more portable 5,000mAh S2, which is currently available for $49.99. The bigger S3 currently lists for $68.99 and offers double the battery capacity, a display showing percent remaining, more powerful wired and wireless charging, and the convenience of a kickstand and USB-C cable always available.

Compared to power banks sold by the likes of Anker, EcoFlow, and hundreds of alphabet-soup brands like, um, Kuxiu, the S2 and new S3 semi-solid-state chemistry should be safer and cheaper to own, making them very hard to beat if you’re currently in the market.

Photography by Thomas Ricker / The Verge

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On top of that, almost immediately after Trump’s announcement, Mizan, an Iranian state news agency, called the president a liar. “Last night, Donald Trump, citing a completely false news story, called on Iran to overturn the death sentences of eight women.” Mizan said that some of the women had already been released and others were facing prison time but not execution, and furthermore said that Tehran had made no concessions — presumably, the status of the women has not changed.

The X account for the Iranian embassy in South Africa, perhaps the most relentless shitposter among Iran’s state-affiliated accounts, was quick to pile on by generating its own set of eight women:

The collage that Trump posted is, at the very least, AI-modified, Mahsa Alimardani, the associate director of the Technology Threats & Opportunities program at WITNESS, told The Verge. But the women themselves are real. The woman in the top right corner of the collage is Bita Hemmati, whose photograph appeared in several news stories in various right-leaning news outlets last week. Hemmati is confirmed to have received a death sentence issued by Branch 26 of the Tehran Revolutionary Court for “operational action for the hostile government of the United States and hostile groups.”

Alimardani named six of the women (Bita Hemmati, Mahboubeh Shabani, Venus Hossein-Nejad, Golnaz Naraghi, Diana Taherabadi, Ghazal Ghalandri), and said that the identities of the final two (said to be Panah Movahedi and Ensieh Nejati) were still unverified. The six verified women participated in protests against the government in January. Aside from Hemmati, none of the other women are reported to have received death sentences.

It’s not surprising that Trump has a careless disregard for the truth; it’s not surprising, either, for the Iranian regime to fudge the details to suit its own narrative, or to make light of real political prisoners in order to dunk on the United States.

The additional wrinkle is that the account mocking Trump for coming to the rescue of “8 AI-generated women” is the very same one that landed South Korean president Lee Jae-myung in hot water when he quoted a misleading labeled video posted by that account. Israeli officials have accused the account of being “well-known for spreading disinformation.” The case of the sketchy Lee Jae-myung quote-post is a story of mingled truth and misinformation, where the post got facts very wrong, but the video — of Israeli Defense Forces soldiers shoving a limp body off a rooftop in Gaza — was real, documenting an event that possibly implicates Israeli forces in a violation of international law.

The case of the eight Iranian protesters also features that same mingling of fact and fiction into a fuzzy distortion that fuels an endless disputation of real human rights violations. Their lives have been reduced to glossy pixels and quote-dunks, the stuff of propaganda and parody. While known liars fight with each other on the internet about who these women are and what will happen to them, they — verifiably six of them, at least — remain real people who exist beyond the Iranian internet blackout.

#Iranian #women #Trump #saved #execution #simultaneously #real #AImanipulatedPolicy,Politics">The Iranian women Trump ‘saved’ from execution are simultaneously real and AI-manipulatedOnly the night before, he had posted on Truth Social about the imminent executions of these women, quoting a screenshot that included a collage of eight glamorously backlit, soft-focus portraits. The photos of the women were immediately accused of being AI-generated. “Trump is begging Iranian leaders to not execute 8 AI-generated women. This is the funniest thing I’ve ever seen,” said one viral X post.On top of that, almost immediately after Trump’s announcement, Mizan, an Iranian state news agency, called the president a liar. “Last night, Donald Trump, citing a completely false news story, called on Iran to overturn the death sentences of eight women.” Mizan said that some of the women had already been released and others were facing prison time but not execution, and furthermore said that Tehran had made no concessions — presumably, the status of the women has not changed.The X account for the Iranian embassy in South Africa, perhaps the most relentless shitposter among Iran’s state-affiliated accounts, was quick to pile on by generating its own set of eight women:The collage that Trump posted is, at the very least, AI-modified, Mahsa Alimardani, the associate director of the Technology Threats & Opportunities program at WITNESS, told The Verge. But the women themselves are real. The woman in the top right corner of the collage is Bita Hemmati, whose photograph appeared in several news stories in various right-leaning news outlets last week. Hemmati is confirmed to have received a death sentence issued by Branch 26 of the Tehran Revolutionary Court for “operational action for the hostile government of the United States and hostile groups.”Alimardani named six of the women (Bita Hemmati, Mahboubeh Shabani, Venus Hossein-Nejad, Golnaz Naraghi, Diana Taherabadi, Ghazal Ghalandri), and said that the identities of the final two (said to be Panah Movahedi and Ensieh Nejati) were still unverified. The six verified women participated in protests against the government in January. Aside from Hemmati, none of the other women are reported to have received death sentences.It’s not surprising that Trump has a careless disregard for the truth; it’s not surprising, either, for the Iranian regime to fudge the details to suit its own narrative, or to make light of real political prisoners in order to dunk on the United States.The additional wrinkle is that the account mocking Trump for coming to the rescue of “8 AI-generated women” is the very same one that landed South Korean president Lee Jae-myung in hot water when he quoted a misleading labeled video posted by that account. Israeli officials have accused the account of being “well-known for spreading disinformation.” The case of the sketchy Lee Jae-myung quote-post is a story of mingled truth and misinformation, where the post got facts very wrong, but the video — of Israeli Defense Forces soldiers shoving a limp body off a rooftop in Gaza — was real, documenting an event that possibly implicates Israeli forces in a violation of international law.The case of the eight Iranian protesters also features that same mingling of fact and fiction into a fuzzy distortion that fuels an endless disputation of real human rights violations. Their lives have been reduced to glossy pixels and quote-dunks, the stuff of propaganda and parody. While known liars fight with each other on the internet about who these women are and what will happen to them, they — verifiably six of them, at least — remain real people who exist beyond the Iranian internet blackout.#Iranian #women #Trump #saved #execution #simultaneously #real #AImanipulatedPolicy,Politics

called the president a liar. “Last night, Donald Trump, citing a completely false news story, called on Iran to overturn the death sentences of eight women.” Mizan said that some of the women had already been released and others were facing prison time but not execution, and furthermore said that Tehran had made no concessions — presumably, the status of the women has not changed.

The X account for the Iranian embassy in South Africa, perhaps the most relentless shitposter among Iran’s state-affiliated accounts, was quick to pile on by generating its own set of eight women:

The collage that Trump posted is, at the very least, AI-modified, Mahsa Alimardani, the associate director of the Technology Threats & Opportunities program at WITNESS, told The Verge. But the women themselves are real. The woman in the top right corner of the collage is Bita Hemmati, whose photograph appeared in several news stories in various right-leaning news outlets last week. Hemmati is confirmed to have received a death sentence issued by Branch 26 of the Tehran Revolutionary Court for “operational action for the hostile government of the United States and hostile groups.”

Alimardani named six of the women (Bita Hemmati, Mahboubeh Shabani, Venus Hossein-Nejad, Golnaz Naraghi, Diana Taherabadi, Ghazal Ghalandri), and said that the identities of the final two (said to be Panah Movahedi and Ensieh Nejati) were still unverified. The six verified women participated in protests against the government in January. Aside from Hemmati, none of the other women are reported to have received death sentences.

It’s not surprising that Trump has a careless disregard for the truth; it’s not surprising, either, for the Iranian regime to fudge the details to suit its own narrative, or to make light of real political prisoners in order to dunk on the United States.

The additional wrinkle is that the account mocking Trump for coming to the rescue of “8 AI-generated women” is the very same one that landed South Korean president Lee Jae-myung in hot water when he quoted a misleading labeled video posted by that account. Israeli officials have accused the account of being “well-known for spreading disinformation.” The case of the sketchy Lee Jae-myung quote-post is a story of mingled truth and misinformation, where the post got facts very wrong, but the video — of Israeli Defense Forces soldiers shoving a limp body off a rooftop in Gaza — was real, documenting an event that possibly implicates Israeli forces in a violation of international law.

The case of the eight Iranian protesters also features that same mingling of fact and fiction into a fuzzy distortion that fuels an endless disputation of real human rights violations. Their lives have been reduced to glossy pixels and quote-dunks, the stuff of propaganda and parody. While known liars fight with each other on the internet about who these women are and what will happen to them, they — verifiably six of them, at least — remain real people who exist beyond the Iranian internet blackout.

#Iranian #women #Trump #saved #execution #simultaneously #real #AImanipulatedPolicy,Politics">The Iranian women Trump ‘saved’ from execution are simultaneously real and AI-manipulated

Only the night before, he had posted on Truth Social about the imminent executions of these women, quoting a screenshot that included a collage of eight glamorously backlit, soft-focus portraits. The photos of the women were immediately accused of being AI-generated. “Trump is begging Iranian leaders to not execute 8 AI-generated women. This is the funniest thing I’ve ever seen,” said one viral X post.

On top of that, almost immediately after Trump’s announcement, Mizan, an Iranian state news agency, called the president a liar. “Last night, Donald Trump, citing a completely false news story, called on Iran to overturn the death sentences of eight women.” Mizan said that some of the women had already been released and others were facing prison time but not execution, and furthermore said that Tehran had made no concessions — presumably, the status of the women has not changed.

The X account for the Iranian embassy in South Africa, perhaps the most relentless shitposter among Iran’s state-affiliated accounts, was quick to pile on by generating its own set of eight women:

The collage that Trump posted is, at the very least, AI-modified, Mahsa Alimardani, the associate director of the Technology Threats & Opportunities program at WITNESS, told The Verge. But the women themselves are real. The woman in the top right corner of the collage is Bita Hemmati, whose photograph appeared in several news stories in various right-leaning news outlets last week. Hemmati is confirmed to have received a death sentence issued by Branch 26 of the Tehran Revolutionary Court for “operational action for the hostile government of the United States and hostile groups.”

Alimardani named six of the women (Bita Hemmati, Mahboubeh Shabani, Venus Hossein-Nejad, Golnaz Naraghi, Diana Taherabadi, Ghazal Ghalandri), and said that the identities of the final two (said to be Panah Movahedi and Ensieh Nejati) were still unverified. The six verified women participated in protests against the government in January. Aside from Hemmati, none of the other women are reported to have received death sentences.

It’s not surprising that Trump has a careless disregard for the truth; it’s not surprising, either, for the Iranian regime to fudge the details to suit its own narrative, or to make light of real political prisoners in order to dunk on the United States.

The additional wrinkle is that the account mocking Trump for coming to the rescue of “8 AI-generated women” is the very same one that landed South Korean president Lee Jae-myung in hot water when he quoted a misleading labeled video posted by that account. Israeli officials have accused the account of being “well-known for spreading disinformation.” The case of the sketchy Lee Jae-myung quote-post is a story of mingled truth and misinformation, where the post got facts very wrong, but the video — of Israeli Defense Forces soldiers shoving a limp body off a rooftop in Gaza — was real, documenting an event that possibly implicates Israeli forces in a violation of international law.

The case of the eight Iranian protesters also features that same mingling of fact and fiction into a fuzzy distortion that fuels an endless disputation of real human rights violations. Their lives have been reduced to glossy pixels and quote-dunks, the stuff of propaganda and parody. While known liars fight with each other on the internet about who these women are and what will happen to them, they — verifiably six of them, at least — remain real people who exist beyond the Iranian internet blackout.

#Iranian #women #Trump #saved #execution #simultaneously #real #AImanipulatedPolicy,Politics
Tesla CEO Elon Musk kicked off the company’s first-quarter earnings call with a monetary heads-up — or depending on the mindset of the investor, a warning. Tesla’s capital expenditures will skyrocket to $25 billion in 2026, far outpacing its previous annual spend as it races to stay ahead of the competition and transitions to an AI and robotics company, according to its first-quarter earnings report.

That figure, which covers what Tesla plans to spend on physical assets outside of its day-to-day operating expenditures, is three times higher than its annual capex budget in previous years. For comparison, Tesla’s annual capital expenditures were $8.5 billion in 2025, $11.3 billion in 2024, and $8.9 billion in 2023.

Tesla had announced in January that it expected capital expenditures to be in excess of $20 billion in 2026, already a substantial increase meant to cover its AI initiatives, including investments in compute infrastructure and data centers, and the expansion and ramp of its manufacturing and R&D production lines, among other items.

This $5 billion uptick suggests these initiatives will require more money than previously planned. But so far, its quarterly capital expenditure, which was $2.5 billion, was in line with previous quarters, the report shows.

Of course, Musk views this as a positive, a sentiment many other shareholders will likely also share since it positions Tesla as a company investing in its future, namely AI and robotics.

“With 2026 we’re going to be substantially increasing our investments in the future,” Musk said in the earnings call Wednesday. “So you should expect to see significant, a very significant increase in capital expenditures, but I think well justified for a substantially increased future revenue stream.”

Musk was quick to note that Tesla isn’t the only company raising its capital expenditure budget. Amazon, for instance, has projected $200 billion in capital expenditures in 2026, across “AI, chips, robotics, and low earth orbit satellites.” Google is slated to spend between $175 billion and $185 billion in capital expenditures in 2026, up from $91.4 billion the previous year.

Techcrunch event

San Francisco, CA | October 13-15, 2026

The increase in Tesla’s capital expenditures is linked to Musk’s desire and ambition to evolve the company beyond building and selling EVs, solar, and energy storage.

Some of the capex spend will go toward Tesla’s core technologies such as its battery and AI software, according to Musk. The company plans to invest in AI training, chip design, and “laying the groundwork” for increasing manufacturing production, as well as invest in its robotaxi operations and its new semiconductor research fab in Austin.

The Fremont, California, factory will likely suck up some of that capital as the company ends production of the Tesla Model S and Model X and begins building its Optimus humanoid robot at scale. The company said Wednesday it has also cleared ground outside its Austin factory for a dedicated Optimus manufacturing facility.

Tesla plans to increase its internal production of Optimus for testing and then “probably” make Optimus “useful outside of Tesla sometime next year,” he said.

Tesla is also putting money toward strengthening its supply chain “across the board,” Musk said, adding that this covers batteries, energy, and AI silicon.

All of this spending, which CFO Vaibhav Taneja said will last a couple of years, comes with a literal cost. The company — which enjoyed a brief 4% share price bump due, in part, to an unexpected $1.4 billion in free cash flow — will head into negative territory later this year, Taneja said.

Tesla shares erased their gains in after-hours trading as Musk and Taneja laid out these plans to investors. Still, Tesla is sitting on loads of cash. At the end of the first quarter, Tesla reported $44.7 billion in cash, cash equivalents, and short-term investments.

“While this may seem like a lot, and we will have the impact of negative free cash flow for the rest of the year, we believe this is the right strategy to position the company for the next era,” Taneja said.

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

#Tesla #increased #spending #plan #25B #heres #money #TechCrunchElon Musk,Tesla">Tesla just increased its spending plan to B — here’s where the money is going | TechCrunch
Tesla CEO Elon Musk kicked off the company’s first-quarter earnings call with a monetary heads-up — or depending on the mindset of the investor, a warning. Tesla’s capital expenditures will skyrocket to  billion in 2026, far outpacing its previous annual spend as it races to stay ahead of the competition and transitions to an AI and robotics company, according to its first-quarter earnings report.

That figure, which covers what Tesla plans to spend on physical assets outside of its day-to-day operating expenditures, is three times higher than its annual capex budget in previous years. For comparison, Tesla’s annual capital expenditures were .5 billion in 2025, .3 billion in 2024, and .9 billion in 2023. 







Tesla had announced in January that it expected capital expenditures to be in excess of  billion in 2026, already a substantial increase meant to cover its AI initiatives, including investments in compute infrastructure and data centers, and the expansion and ramp of its manufacturing and R&D production lines, among other items. 

This  billion uptick suggests these initiatives will require more money than previously planned. But so far, its quarterly capital expenditure, which was .5 billion, was in line with previous quarters, the report shows.

Of course, Musk views this as a positive, a sentiment many other shareholders will likely also share since it positions Tesla as a company investing in its future, namely AI and robotics. 

“With 2026 we’re going to be substantially increasing our investments in the future,” Musk said in the earnings call Wednesday. “So you should expect to see significant, a very significant increase in capital expenditures, but I think well justified for a substantially increased future revenue stream.”

Musk was quick to note that Tesla isn’t the only company raising its capital expenditure budget. Amazon, for instance, has projected 0 billion in capital expenditures in 2026, across “AI, chips, robotics, and low earth orbit satellites.” Google is slated to spend between 5 billion and 5 billion in capital expenditures in 2026, up from .4 billion the previous year.

	
		
		Techcrunch event
		
			
			
									San Francisco, CA
													|
													October 13-15, 2026
							
			
		
	


The increase in Tesla’s capital expenditures is linked to Musk’s desire and ambition to evolve the company beyond building and selling EVs, solar, and energy storage. 

Some of the capex spend will go toward Tesla’s core technologies such as its battery and AI software, according to Musk. The company plans to invest in AI training, chip design, and “laying the groundwork” for increasing manufacturing production, as well as invest in its robotaxi operations and its new semiconductor research fab in Austin.

The Fremont, California, factory will likely suck up some of that capital as the company ends production of the Tesla Model S and Model X and begins building its Optimus humanoid robot at scale. The company said Wednesday it has also cleared ground outside its Austin factory for a dedicated Optimus manufacturing facility.







Tesla plans to increase its internal production of Optimus for testing and then “probably” make Optimus “useful outside of Tesla sometime next year,” he said. 

Tesla is also putting money toward strengthening its supply chain “across the board,” Musk said, adding that this covers batteries, energy, and AI silicon.

All of this spending, which CFO Vaibhav Taneja said will last a couple of years, comes with a literal cost. The company — which enjoyed a brief 4% share price bump due, in part, to an unexpected .4 billion in free cash flow — will head into negative territory later this year, Taneja said.

Tesla shares erased their gains in after-hours trading as Musk and Taneja laid out these plans to investors. Still, Tesla is sitting on loads of cash. At the end of the first quarter, Tesla reported .7 billion in cash, cash equivalents, and short-term investments.

“While this may seem like a lot, and we will have the impact of negative free cash flow for the rest of the year, we believe this is the right strategy to position the company for the next era,”  Taneja said. 
When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.#Tesla #increased #spending #plan #25B #heres #money #TechCrunchElon Musk,Tesla

first-quarter earnings report.

That figure, which covers what Tesla plans to spend on physical assets outside of its day-to-day operating expenditures, is three times higher than its annual capex budget in previous years. For comparison, Tesla’s annual capital expenditures were $8.5 billion in 2025, $11.3 billion in 2024, and $8.9 billion in 2023.

Tesla had announced in January that it expected capital expenditures to be in excess of $20 billion in 2026, already a substantial increase meant to cover its AI initiatives, including investments in compute infrastructure and data centers, and the expansion and ramp of its manufacturing and R&D production lines, among other items.

This $5 billion uptick suggests these initiatives will require more money than previously planned. But so far, its quarterly capital expenditure, which was $2.5 billion, was in line with previous quarters, the report shows.

Of course, Musk views this as a positive, a sentiment many other shareholders will likely also share since it positions Tesla as a company investing in its future, namely AI and robotics.

“With 2026 we’re going to be substantially increasing our investments in the future,” Musk said in the earnings call Wednesday. “So you should expect to see significant, a very significant increase in capital expenditures, but I think well justified for a substantially increased future revenue stream.”

Musk was quick to note that Tesla isn’t the only company raising its capital expenditure budget. Amazon, for instance, has projected $200 billion in capital expenditures in 2026, across “AI, chips, robotics, and low earth orbit satellites.” Google is slated to spend between $175 billion and $185 billion in capital expenditures in 2026, up from $91.4 billion the previous year.

Techcrunch event

San Francisco, CA | October 13-15, 2026

The increase in Tesla’s capital expenditures is linked to Musk’s desire and ambition to evolve the company beyond building and selling EVs, solar, and energy storage.

Some of the capex spend will go toward Tesla’s core technologies such as its battery and AI software, according to Musk. The company plans to invest in AI training, chip design, and “laying the groundwork” for increasing manufacturing production, as well as invest in its robotaxi operations and its new semiconductor research fab in Austin.

The Fremont, California, factory will likely suck up some of that capital as the company ends production of the Tesla Model S and Model X and begins building its Optimus humanoid robot at scale. The company said Wednesday it has also cleared ground outside its Austin factory for a dedicated Optimus manufacturing facility.

Tesla plans to increase its internal production of Optimus for testing and then “probably” make Optimus “useful outside of Tesla sometime next year,” he said.

Tesla is also putting money toward strengthening its supply chain “across the board,” Musk said, adding that this covers batteries, energy, and AI silicon.

All of this spending, which CFO Vaibhav Taneja said will last a couple of years, comes with a literal cost. The company — which enjoyed a brief 4% share price bump due, in part, to an unexpected $1.4 billion in free cash flow — will head into negative territory later this year, Taneja said.

Tesla shares erased their gains in after-hours trading as Musk and Taneja laid out these plans to investors. Still, Tesla is sitting on loads of cash. At the end of the first quarter, Tesla reported $44.7 billion in cash, cash equivalents, and short-term investments.

“While this may seem like a lot, and we will have the impact of negative free cash flow for the rest of the year, we believe this is the right strategy to position the company for the next era,” Taneja said.

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

#Tesla #increased #spending #plan #25B #heres #money #TechCrunchElon Musk,Tesla">Tesla just increased its spending plan to $25B — here’s where the money is going | TechCrunch

Tesla CEO Elon Musk kicked off the company’s first-quarter earnings call with a monetary heads-up — or depending on the mindset of the investor, a warning. Tesla’s capital expenditures will skyrocket to $25 billion in 2026, far outpacing its previous annual spend as it races to stay ahead of the competition and transitions to an AI and robotics company, according to its first-quarter earnings report.

That figure, which covers what Tesla plans to spend on physical assets outside of its day-to-day operating expenditures, is three times higher than its annual capex budget in previous years. For comparison, Tesla’s annual capital expenditures were $8.5 billion in 2025, $11.3 billion in 2024, and $8.9 billion in 2023.

Tesla had announced in January that it expected capital expenditures to be in excess of $20 billion in 2026, already a substantial increase meant to cover its AI initiatives, including investments in compute infrastructure and data centers, and the expansion and ramp of its manufacturing and R&D production lines, among other items.

This $5 billion uptick suggests these initiatives will require more money than previously planned. But so far, its quarterly capital expenditure, which was $2.5 billion, was in line with previous quarters, the report shows.

Of course, Musk views this as a positive, a sentiment many other shareholders will likely also share since it positions Tesla as a company investing in its future, namely AI and robotics.

“With 2026 we’re going to be substantially increasing our investments in the future,” Musk said in the earnings call Wednesday. “So you should expect to see significant, a very significant increase in capital expenditures, but I think well justified for a substantially increased future revenue stream.”

Musk was quick to note that Tesla isn’t the only company raising its capital expenditure budget. Amazon, for instance, has projected $200 billion in capital expenditures in 2026, across “AI, chips, robotics, and low earth orbit satellites.” Google is slated to spend between $175 billion and $185 billion in capital expenditures in 2026, up from $91.4 billion the previous year.

Techcrunch event

San Francisco, CA | October 13-15, 2026

The increase in Tesla’s capital expenditures is linked to Musk’s desire and ambition to evolve the company beyond building and selling EVs, solar, and energy storage.

Some of the capex spend will go toward Tesla’s core technologies such as its battery and AI software, according to Musk. The company plans to invest in AI training, chip design, and “laying the groundwork” for increasing manufacturing production, as well as invest in its robotaxi operations and its new semiconductor research fab in Austin.

The Fremont, California, factory will likely suck up some of that capital as the company ends production of the Tesla Model S and Model X and begins building its Optimus humanoid robot at scale. The company said Wednesday it has also cleared ground outside its Austin factory for a dedicated Optimus manufacturing facility.

Tesla plans to increase its internal production of Optimus for testing and then “probably” make Optimus “useful outside of Tesla sometime next year,” he said.

Tesla is also putting money toward strengthening its supply chain “across the board,” Musk said, adding that this covers batteries, energy, and AI silicon.

All of this spending, which CFO Vaibhav Taneja said will last a couple of years, comes with a literal cost. The company — which enjoyed a brief 4% share price bump due, in part, to an unexpected $1.4 billion in free cash flow — will head into negative territory later this year, Taneja said.

Tesla shares erased their gains in after-hours trading as Musk and Taneja laid out these plans to investors. Still, Tesla is sitting on loads of cash. At the end of the first quarter, Tesla reported $44.7 billion in cash, cash equivalents, and short-term investments.

“While this may seem like a lot, and we will have the impact of negative free cash flow for the rest of the year, we believe this is the right strategy to position the company for the next era,” Taneja said.

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

#Tesla #increased #spending #plan #25B #heres #money #TechCrunchElon Musk,Tesla

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