AI Investments

Tesla stock declines over 2% on weakening EV demand

February 24, 2026 Ti AI ṣe iroyin Àwòrán tí AI ṣe

Tesla shares fell more than 2% on Monday amid concerns over slumping electric vehicle sales and rising investments in AI and robotics. U.S. EV demand dropped 30% year-over-year in January, partly due to the end of a federal tax credit. The decline comes as the company plans to double its capital spending to $20 billion for ambitious projects like robo-taxis.