Elon Musk says Tesla should be spending on AI 'as fast as we can'

Elon Musk emphasized accelerating Tesla's AI investments despite potential inefficiencies, leading to a 142% year-over-year increase in capital expenditure to $5.8 billion in Q2. Tesla's aggressive spending on AI infrastructure and new factories resulted in a $1.1 billion free cash flow deficit, with plans to exceed $25 billion in total capex this year.