Tesla (TSLA) stock is poised to finish the day and week higher, following last week’s drop in the wake of earnings.

Last week, investors were alarmed by Tesla’s rising capex spend toward its AI and robotics initiatives.

CFO Vaibhav Taneja said the company’s 2026 estimate for capex will be “over $25 billion” and will result in negative free cash flow for the rest of the year.

Shares fell around 7% for the week, but are poised to gain around 2% this week.

On the positive front, on Wednesday Tesla announced the first Tesla Semi rolled off the “high volume” production line located in Sparks, Nev. Tesla had been producing the Semi in limited quantities for testing with select clients like Frito-Lay, but now it appears the first production, salable versions are coming off the line.

The Semi was unveiled in 2017, with production target dates of 2019, 2020, and so on missed before Tesla started its pilot test with Frito-Lay in 2022.

Tesla says the trucks will come in two trims, the standard range with 325 miles and the Long Range with 500 miles. Per Electrek, Tesla is quoting a price of $260,000 for the Standard and $290,000 for the Long Range variant.

Another interesting tidbit revealed this week is how much CEO Elon Musk’s other companies are boosting Tesla’s top-line revenue.

Per Tesla’s amended annual filing, the company recognized $537 million in sales from both SpaceX and xAI. The biggest chunk ($430.1 million) came from xAI, presumably for things like Megapack battery storage, with the rest coming from SpaceX. Bloomberg was first to report on the filing.

Earlier this month, Bloomberg reported that SpaceX purchased $100 million worth of Cybertrucks in Q4, which likely was the lion’s share of SpaceX’s spend with Tesla. SpaceX’s purchase accounts for nearly 18% of the total Cybertrucks sold in the US that quarter, a staggering amount.

It all speaks to the interconnectedness of Elon Musk’s companies, and moves that are done to benefit one another. SpaceX last year purchased Musk’s xAI for $1.25 trillion, a move that bailed xAI investors, but is dilutive to current SpaceX shareholders.

Pras Subramanian is Lead Auto Reporter for Yahoo Finance. You can follow him on X and on Instagram.

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