Tesla has invested approximately $44 billion in manufacturing and infrastructure in the United States since its founding. In the last fiscal year alone, the company spent nearly $10 billion on capital expenditures within the U.S. Tesla plans to invest an additional $8 billion in the current fiscal year, focusing on expanding production capacity, energy initiatives, Gigafactory expansion, battery production, artificial intelligence, autonomy, and the Supercharger network. Over the next three years, Tesla intends to increase its annual capital expenditures to more than $11 billion to support these growth areas. As of June 2025, Tesla holds a cash balance of $39 billion, maintains minimal debt, and has a strong balance sheet compared to other global automakers. To meet its full-year capital expenditure target of around $10 billion, Tesla will need to spend over $3 billion in each of the remaining quarters, following $1.5 billion and $2.4 billion spent in the first and second quarters respectively. The company's CFO has indicated that the expected capital expenditure for the year will exceed $9 billion.