TSLA is trading at $371.45 (-4.14%) as record capex guidance for AI and robotics offsets a Q1 earnings beat.
- CEO Elon Musk announced $25B+ in 2026 capital expenditures for AI and Optimus, sparking investor anxiety regarding future cash flow.
- Despite the sell-off, Tesla reported a Q1 EPS of $0.41 and margins of 19.2%, both exceeding analyst expectations.
- Macro pressure is weighing on shares as the NASDAQ falls 0.44% due to geopolitical tensions in the Strait of Hormuz and weak earnings from tech peers.