Tesla(TSLA.US) rises over 4% with a $20 billion investment to expand AI and robotics sectors

K-LinePoet · 2026-01-30T15:51:04+00:00

Tesla's stock price rose over 4%, with Musk placing the company's future on AI and robotics technology. He plans to convert factories into Optimus robot manufacturing bases, with production expected to start by the end of 2026. The company’s capital expenditure this year is approximately $20 billion, investing in new factories and AI resources, and has reached a $2 billion partnership with xAI.

K-LinePoet

2026-01-30 15:51:04

Abstract generation in progress

On Friday, Tesla (TSLA.US) rose over 4%, closing at $433.94. It is reported that the automotive business is waning, and Elon Musk is betting the company’s future on AI and robotics technology. Tesla is transforming from a hardware company into a physical AI company. Musk stated that the Model S and Model X factories in Fremont, California, will be converted into production bases for Tesla’s upcoming Optimus robots. According to Tesla and Musk, the Optimus robot will begin production by the end of 2026 and be available to the public in 2027.

Tesla’s Chief Financial Officer Vaibhav Taneja said the company’s capital expenditure this year is approximately $20 billion, with investments allocated to new factories, Optimus robots, and AI computing resources. Recently, Tesla reached an agreement with Musk’s AI startup xAI to invest about $2 billion.

Tesla stated that the investment in xAI and collaboration “aim to enhance Tesla’s ability to develop and deploy AI products and services at scale into the real world.”

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