Tyler Crowe

And then this quarter they bumped that spending plan up to 25 billion dollars for the year.

So obviously they're seeing the direction of this.

But Q1 capital spending came in at.

$2.5 billion.

It was actually quite small.

It was more or less on pace with what they've been doing for the past six to eight quarters.

It's also why it posted free cash flow this quarter when analysts were mostly expecting cash outflows because it was way less spending than I think a lot of analysts were expecting.

I acknowledge that spending can ramp throughout the year, but considering how ambitious the plans were, how much they said they're going to be more, they're going to be spending.

I mean, it's going to be a massive ramp up in the second half of the year.

It'll be interesting to see how that happens because we're talking about like AI data centers and like supply chains in the United States are really strained for manufacturing construction capacity right now to the further that stuff gets pushed down the line.

I think it's going to be a little bit harder to secure a lot of things to do a lot of what

Tesla wants to do in terms of procurement, in terms of construction, stuff like that.

So it's an interesting thread I want to follow.

And again, like in all of that somewhere, there has to be a massive ramp up in production for its cyber cab or the robo taxis as well.

Well, that was pretty good coverage of Tesla.

Probably a little bit longer than we normally go, but hey, it's Tesla.

There's always plenty to talk about.

So coming up over the break, we're going to do a lightning round of several other companies that have been reporting earnings this week.

Well, we don't have as much time to spend on the rest of the companies we just had here versus Tesla.

So, what we're going to do is we're going to do a quick lightning round of earnings wrap-ups.