🎯 Tesla $TSLA Forward Guidance & Strategic Outlook in yesterday’s Q2 : Management reinforced that Tesla is in an intermediate phase between two major growth waves (Model 3/Y expansion and the next-gen AI/autonomy platform). 1. Automotive & Production Guidance 2026 Delivery Growth: Reiterated expectations for volume growth in 2026 over 2025 levels, though growth rate will remain lower than prior years as manufacturing capacity transitions toward next-gen vehicle lines. Next-Gen / Cheaper Models: Confirmed plans to launch more affordable models in early 2026 utilizing next-gen and existing platform architectures, aiming for a ~50% reduction in per-unit manufacturing costs. Cybercab Production: On track for volume production starting in Texas in late 2026 / early 2027. 2. CapEx & AI Compute Spending Full-Year CapEx: Elevated to >$25 Billion for 2026 (up from initial $20B estimates), driven by massive spending on AI hardware clusters, H100/Dojo scaling, and Optimus assembly line tooling. Energy Storage Growth: Energy deployments are expected to outpace automotive volume growth for FY26, targeting >40 GWh annualized run-rate as Megapack production scales at the Lathrop and Shanghai Megafactories. 3. Autonomy & AI Milestones Unsupervised FSD / Robotaxi: Targeting regulatory approval and commercial pilot launches in Texas and California before year-end, expanding to 30+ major metro areas throughout 2026–2027. Optimus (Humanoid Robot): First low-volume internal production slated for end-of-year 2026 for use inside Tesla factories, with external commercial availability planned for late 2027.