Tesla's AI Bet or Just Musk's Hype | San Jose News

San Jose News Today | 2 Min News | The Daily News Now! · Jul 21, 2026 · 1m

Tesla’s AI spending might actually boost its stock, as capital outlays signal real progress on its futuristic roadmap—unlike rivals focused on cloud and services, Tesla’s betting big on physical AI like self-driving cars and robot butlers. But with Musk’s track record of missed deadlines and a shaky EV market, investors are demanding proof, not just promises. Rising net income and revenue can’t offset the pressure from profitable competitors willing to lose money—and with SpaceX going public, Tesla’s earnings must meet sky-high expectations or risk becoming the lesser of Musk’s two ambitions…