Tesla, Inc.
TSLApublicEVs, Energy & AI
Building Dojo supercomputer for self-driving AI training. CAPEX split between Gigafactories (manufacturing) and Dojo (AI compute). AI compute a growing but minority share.
2024 CAPEX
$11.7B
YoY 2024 vs 2023
+28.6%
Latest Quarter
$3.2B
Q4'25
2025 Guidance
$10.0B–$12.0B
CAPEX History — Quarterly
Guidance Tracker
FY2025
Completed
“We expect 2025 capex to be between $10B and $12B, focused on Dojo 2, Gigafactory expansions, and energy storage.”
Guided: $10.0B–$12.0B
Compute Clusters
Dojo ExaPOD
Tesla D1 chip
operational
SEC Filings
EVAIDojoself-drivingmanufacturingmag7