Tesla is trading 3.24% down at $309.33 as investors continue to react to the company's July 22 earnings report and aggressive capital expenditure plans.

  • The selloff follows a disappointing earnings report highlighting a 1.4% operating margin and negative free cash flow.
  • Markets are weighing a 2026 capex target exceeding $25 billion as the company pivots heavily toward AI and robotics infrastructure.
  • Broader tech sentiment remains weak as traders increasingly question the immediate returns on massive AI-related investments.