Tesla, Model S
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Guidance for CapEx increased significantly from a projection of $9 billion in Q3 2025 to an expectation of more than $20 billion in 2026. Strategic focus shifted from scaling production and FSD rollout to major investments in AI, robotics, battery supply chain, and the wind-down of Model S/X.
Tesla EVs have a new Autopilot computer and sensor suite dubbed HW4.5, making it even less likely that the HW3 vehicles will be supported for FSD Unsupervised